Polkadot Parachains and VCs Team Up to Launch $250M Acala USD Ecosystem Fund
Acala Network has teamed up with Polkadot parachains and venture funds to launch a $250 million “aUSD Ecosystem Fund.”
Polkadot
Acala Network has teamed up with Polkadot parachains and venture funds to launch a $250 million “aUSD Ecosystem Fund.”
The fund will be used to back companies with use cases for Acala’s aUSD stablecoin.
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The lending protocol with $500 million in TVL is making a play for market dominance.