BlockBeats News, on November 13, Avalon Labs launched the world's first over-collateralized stablecoin based on Bitcoin - USDa, and announced its security audit results. USDa passed the joint audit by three authoritative audit firms: Salus, BlockSec, and SlowMist, successfully passing the review, demonstrating its security.
In addition, to further strengthen on-chain security guarantees, Avalon Labs has adopted Fuzzland's 24-hour real-time security monitoring solution. Fuzzland provides comprehensive on-chain protection through 24/7 on-chain penetration testing, AI-driven fuzz testing, and formal verification, effectively preventing potential security threats and ensuring the continuous security of the ecosystem.
Avalon Labs is a financial infrastructure platform in the BTCFi field, currently managing a locked-up amount of over 1.3 billion USD, approximately 15,000 Bitcoins. As the champion of the second round of the BNB incubation program, Avalon Labs successfully entered the MVB8 Season 8 accelerator.
