Angle Protocol launches USD stablecoin USDA

The decentralized stablecoin protocol Angle Protocol has announced the launch of the USD stablecoin, USDA, which will provide stability, returns, liquidity, and transparency. The stablecoin will provide the same liquidity as USDC, while combining local savings solutions with lending and leverage functions. By combining USDA and EURA (Angle's euro stablecoin), the protocol is paving the way for an efficient and scalable on-chain forex market. It is reported that USDA will officially launch in April 2024, but USDA and stUSD will not be available to US users.