Avalon Labs, a leading cryptocurrency liquidity hub and Bitcoin-collateralized lending protocol, has announced its participation in the BNB Chain MVB Season 8 Acceleration Program. As the representative project in the Bitcoin DeFi section, Avalon Labs aims to drive innovation and growth. The platform has reported a Total Value Locked (TVL) of over $900 million and has launched USDa, the first on-chain stablecoin backed by Bitcoin. Avalon Labs' participation in the MVB program will provide support in areas such as technical development, marketing, partnerships, and community building. This collaboration strengthens Bitcoin's presence in the DeFi ecosystem.



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