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USDA profile facts

Avalon USDa (USDA) static profile: governance model CeFi-Dependent; backing model Crypto-Collateralized; peg US Dollar.

Other coins using the USDA ticker

Collateral
FBTC collateralized borrowing and 1:1 USDT minting; the USDa risk table also lists USDC and USDT at 100% maximum LTV with no liquidation. Avalon names Cobo, Fireblocks, and Coinbase Prime as custody solution providers and describes institutional balance-sheet access as a lending capital source. The reviewed disclosures do not quantify USDa reserve composition or establish an institutional guarantee of its liabilities.
Peg mechanism
The former ordinary rail offered USDa-to-USDT conversion through Ethereum. On October 3, 2026, Avalon announced all-chain USDa discontinuation and instructed holders to submit claims and withdraw by October 10; unredeemed balances incur a 5% monthly custodial fee. Recovery requires issuer verification and does not carry an established completion bound. Historical FBTC lending, RedStone pricing and LayerZero OFT transfers do not prove current conversion capacity.
Jurisdiction
Not disclosed in the static profile.
Proof of reserves
No proof-of-reserves entry in the static profile.
Contracts
18 deployments tracked across Ethereum, BSC, Mantle, and Klaytn, plus 14 more.

Source: Pharos registry profile fields. Live price, supply, reserve, liquidity, event, and safety data load in the interactive dossier on this page.

USDA quick answers

5
What is Avalon USDa (USDA)?

USDa is Avalon's CeDeFi stablecoin, discontinued across all supported chains in October 2026 with a separate holder claim-and-withdrawal process. The static profile records its US Dollar peg mechanism as: The former ordinary rail offered USDa-to-USDT conversion through Ethereum.

Is USDA safe?

As of Oct 24, 2026, Pharos grades USDA F (25/100) on its Safety Score. Pharos's reviews record that the issuer or an admin can freeze individual holders' balances, and its reviewed redemption route is suspended. That is a low-band grade, which flags significant structural risk. The grade moves as reserve, redemption, peg and control evidence changes; the live Safety Score on this page shows the current reading.

What backs USDA?

Pharos records USDA's reserves in its review of Sep 29, 2026 as 100% FBTC-backed CDP positions and USDT/USDC 1:1 mint reserves. Reserve evidence: curated reserve profile. Pharos classifies the backing as Crypto-Collateralized.

Can USDA be frozen or blacklisted?

Based on tracked contract metadata and blacklist coverage, issuer or admin freeze controls are recorded. Live freeze and blacklist events for USDA, when applicable, appear in the live dossier on this page.

How do you redeem USDA?

Under the route Pharos reviewed on Oct 7, 2026, USDA redeems for USDT; holder eligibility is not documented. Pharos records this route as suspended. Settlement takes multiple days. The fee is variable or not fully published. Whether a given holder qualifies is set by the route's own terms, not by this summary.