About Avalon Labs

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Avalon Labs was founded during Season 8 of the Most Valuable Builder (MVB) accelerator, which was organized in partnership with BNB Chain, CoinMarketCap, and YZi Labs
Avalon Labs issues USDa, a Bitcoin-backed stablecoin designed to offer liquidity, yield, and transaction functionality without requiring users to sell their BTC, with $500 million in total value locked, making it the second-largest collateralized debt position tracked by DeFiLlama
Avalon Labs manages over 20,000 BTC and has more than 300,000 active users
Avalon Labs offers a suite of Bitcoin-native DeFi services, including BTC-collateralized loans, on-chain trading, yield-bearing savings accounts, and a Bitcoin-collateralized credit card

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