USDA
USDA
USDA is a fully collateralized and credit-based USD stablecoin from Angle.
Risk Rating
Average
$1.00
-3.14%
What is USDA?
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Information
Blockchain
- Ethereum
Info
- Community
- Source Code
- Website
- Asset Type: ERC-20
Key Metrics
- Volume (24H): $42.6K
- ATH: $1.62 (07/01/2024)
- ATL: $0.85 (05/31/2024)
Risk Assessment
Average
Asset Strength
USDA is a low-cap, fully collateralized asset. This asset is exposed to the underlying risks of Angle, a protocol rated as Good.
USDA is a stablecoin that trades within 50bps of its peg to USD, which makes it a less volatile store of value.
Dependencies
Asset Tokenomics
USDA does not have a supply schedule. USDA is a credit-based stablecoin, meaning it is always overcollateralized.
Things to know about USDA
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