Avalon Labs Secures Over $2 Billion Credit Line to Power Institutional-Grade Bitcoin Collateralized Lending

On March 10th, Avalon Labs declared the successful acquisition of a minimum credit line of $2 billion, which was provided by a renowned Asian financial consortium. This constitutes a significant milestone in institutional borrowing within the crypto industry. This historic achievement is not only an important milestone for the institutionalization of DeFi but also underscores Bitcoin's strategic position within the global financial system. Avalon Labs will utilize this credit support to offer institutional-grade USDT liquidity to institutions. With an 8% fixed lending rate and a yield mechanism based on the USDa stablecoin, they aspire to establish a more robust and efficient Bitcoin overcollateralized lending system. As a leading Bitcoin stablecoin issuer and lending platform, Avalon Labs is facilitating the deep integration between DeFi and traditional finance, guiding global institutions into a Bitcoin-driven new era.