According to the latest news from BlockBeats, Avalon Labs is making waves in the blockchain industry again! As of November 18, Avalon Labs' total locked value (TVL) has exceeded the $1.5 billion mark, and its Bitcoin stablecoin USDa has exceeded $500 million in locked value just one week after its launch. 🎉

As a leading project in BTCFi's financial infrastructure, Avalon Labs is releasing more Bitcoin liquidity through Bitcoin stablecoins, injecting new vitality into the BTCFi ecosystem. Avalon Labs currently manages about 16,667 Bitcoins, a number that undoubtedly adds more weight to its position in the industry.

Avalon Labs' success is not accidental. The company won the second round of the BNB incubation program and was successfully selected for the MVB8 Season 8 accelerator program. These achievements not only demonstrate its strength in the industry, but also lay a solid foundation for its future development.

For cryptocurrency enthusiasts, the development of Avalon Labs is undoubtedly a story worth paying attention to. What impact do you think the launch of the Bitcoin stablecoin USDa will have on the market? Feel free to share your thoughts and insights in the comments section and discuss this exciting topic with us!