As reported by COINOTAG News on January 27th, the Bitcoin stablecoin protocol Avalon Labs has launched its stablecoin, sUSDa, on the Pendle platform. This innovative protocol allows users who hold PT-sUSDa to benefit from a substantial fixed APY of 28.71% until maturity, while liquidity providers can achieve even higher returns, with an impressive 31.56% APY. Positioned at the forefront of the BTCFi ecosystem, Avalon Labs has successfully secured a total value locked (TVL) of over $2 billion, showcasing its prominence in the digital finance landscape. In addition to this endeavor, Avalon Labs recently concluded a significant $10 million Series A funding round, led by Framework Ventures, reinforcing its strategic advantages within the competitive field of crypto finance.