On March 10, Avalon Labs announced that it had successfully obtained a minimum credit line of $2 billion, which was provided by well-known Asian consortiums, marking an important milestone in institutional lending in the crypto industry. This historic breakthrough is not only an important milestone in the institutional development of DeFi, but also highlights Bitcoin’s strategic position in the global financial system. Avalon Labs will use this credit support to provide institutions with institutional-level USDT liquidity, and at the same time, relying on the 8% fixed lending rate and a return mechanism based on USDa stablecoin, it will create a more stable and efficient Bitcoin over-collateralized lending system.