Discover the latest addition of sUSDa stablecoin backed by Bitcoin on Pendle Finance platform. Learn about its impact on Pendle token's price and future predictions.
Pendle Finance platform recently announced the addition of a new stablecoin called sUSDa, backed by Bitcoin, to its ecosystem. Developed by Avalon Finance, this stablecoin is now available for trading on the Pendle platform. This addition indicates the expansion of Pendle’s services and efforts to increase liquidity and attract more users, potentially leading to increased demand for the platform and the native Pendle token.
