USDa usda
Rank #260 · Stablecoins, Ethereum Ecosystem
What is USDa?
USDa is Avalon Finance's flagship Bitcoin-backed CDP stablecoin. It provides BTC holders instant liquidity at fixed borrowing rates while retaining ownership. USDa converts 1:1 to USDT.
What problem does USDa solve?
USDa addresses the need for Bitcoin-backed liquidity without selling BTC. It offers fixed-rate borrowing, sustainable yield, and 1:1 USDT conversion.
How does USDa work?
Users mint USDa with FBTC collateral using LTV. USDT deposits mint 1:1. Repay principal+interest. Bridge to Ethereum then conversion vault for 1:1 USDT claim. Risk: FBTC max LTV 60%, liquidation threshold 90%.
Key facts
- Ticker: USDa
- Bitcoin-backed CDP
- Fixed borrowing rate
- 1:1 USDT conversion
- LayerZero omnichain
Official links
Categories
Related coins
Compare
Frequently asked questions
What is USDa?
Avalon's Bitcoin-backed CDP stablecoin.
How does USDa work?
Mint with FBTC collateral; convert 1:1 to USDT.
External trackers
Choose a tracking site for USDa: