Avalon Labs Joins BNB Chain MVB Season 8 Acceleration Program

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Avalon Labs Joins BNB Chain MVB Season 8 Acceleration Program In a strategic move to enhance its position in the cryptocurrency ecosystem, Avalon Labs (formerly Avalon Finance), a leading cryptocurrency liquidity hub and Bitcoin-collateralized lending protocol, has announced its participation in the BNB Chain MVB (Most Valuable Builder) Season 8 Acceleration Program.

In addition to its participation in the MVB program, Avalon Labs has announced the launch of USDa, the first on-chain stablecoin backed by Bitcoin.

Avalon Labs being chosen as the representative project in the Bitcoin DeFi (BTCFi) section underscores its leadership and influence in the Bitcoin-based decentralized finance sector.

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Article Details

Author / Journalist: Sonam Aggarwal

Category: Crypto

Markets: India

Topics: Avalon Labs Crypto News

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-31 @ 06:36:31 (15 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinworld.co.in

Language: English

Article Length: 1087 words

Reading Time: 7 minutes read

Sentences: 47 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BitcoinWorld

News ID: 23346349

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About BitcoinWorld

Main Topics: Crypto

Official Website: bitcoinworld.co.in

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News Last Updated: 9 hours ago

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