Odaily Planet Daily News 🎉 Avalon Labs, as the issuer of the Bitcoin stablecoin USDa, has successfully completed a $10 million Series A financing! This round of financing was led by Framework Ventures, with participation from UXTO Management, Presto Labs, and Kenetic Capital. 💰

This financing marks the growing confidence in Bitcoin-based stablecoins, reaffirming Bitcoin's potential. Although the blockchain industry as a whole faces regulatory challenges, innovative applications of Bitcoin remain vibrant, and the future is promising! 🚀