Angle Protocol Launches US Dollar Stabilized Coin USDA

Decentralized stablecoin protocol Angle Protocol has announced the launch of the US Dollar stablecoin USDA, which will provide stability, returns, liquidity and transparency.The stablecoin will offer the same liquidity as the USDC while combining a local savings solution as well as borrowing and leveraging capabilities. By combining USDA and EURA (Angle's euro stablecoin), the agreement is paving the way for an efficient and scalable on-chain FX market. USDA is said to go live in April 2024, but USDA and stUSD will not be available to US users.