cryptopromisespromises, checked
Dashboard

USDa

USDA#292 by market cap

Not covered. The criterion it missed: no roadmap or documentation page linked from the homepage.

USDa is for a stable digital dollar. We have not written its record yet, so its promises are not checked. It trades at $0.9671, #260 of all coins by size, 5% below its highest ever price.

This week Nothing changed on its record.

No stated job or named backing. No dated promises on its pages. Nothing dated ahead. #38 of 190 stablecoins. Nothing to be careful of on the record.

Is it real?

0 of 4tests passeda real job, real backing, something ahead, room to grow
nonenamed backersno investor or index on file
20 monthson the marketsince 13 January 2025
300people watch iton CoinGecko lists
ExpandCollapse

0 of 4

  • A real-world jobDoes it say what problem it solves, in a category that is not a joke?
  • Real backingA named investor, an index, a major exchange, or a billion-dollar size.
  • Something aheadA dated step, deliveries on record, or demand showing up in the news.
  • Room to growWorth at least four times less than the biggest coin doing the same job, so the gap is real, not a guess.

No named backer

  • Origin13 January 2025about about 20 monthsavalonfinance.xyz, GitHub
  • DevelopersNot namedNeither Wikidata nor its listing names the foundersCode activity not checked
  • BackingNo named investorNot on a big exchange we track
  • Standing on the recordNo recordNo dated promise to judge yet17 headlines last month, 1 about government300 people keep it on a CoinGecko watchlistNo corrections needed so far
The gap, and what to do

It is already worth more than the typical coin in Stablecoins ($16.78M). To match the leader, Ethena USDe ($4.68B), its price would need to rise 4846%, to about $47.83.

Still to check

  • No dated promise on record yet, so delivery cannot be judged
  • Listed on fewer than two big exchanges
  • No named investor among its tags

What to do Nothing dated is ahead and nothing has been delivered on record. There is no event to wait for yet, which is itself the answer.

A gap is not a forecast. Most small coins never close it. The site never picks.

Four tests, printed. Passing all four means a real job, real backing, something ahead, and a price far below the leader of its group. A filter on facts, never a verdict.

Every line has a source: the coin's own listing, CoinGecko's tags, the record, or the news feed. Reputation here is a count, never an opinion.

Does it deliver?

No dated promise has been found on the pages this project publishes. Its pages are saved every night, so anything it commits to from now on appears here.

ExpandCollapse

Every line is quoted from the project's own pages, with the copy we stored and, where one exists, the article that reported it

What is next, and when?

Nothing dated has been found on its pages, so there is no date to wait for yet.

How big is it next to its rivals?

#38of 190 stablecoinsthe typical one is worth $16.78M
$94.54Mworth todayprice × coins out
$16.78Mthe typical rival is worthStablecoins
$4.68Bthe leader is worthEthena USDe
ExpandCollapse

Only coins within a hundred times its worth; a coin a thousand times bigger is another world

A stable digital dollar

194 coins tagged Stablecoins, worth $309.33B together. #41 of 194 by worth.

Stablecoins: this coin against its direct competitors

  • CoinWorth, as a barWorthAgainst this coinToday, and the gapSupplyPromises
  • USDa$94.54Mthis coinno maxno record
  • Ethena USDe$4.68B49.5× bigger, +$4.58B+0.0%no maxno record
  • Dai$4.59B48.5× bigger, +$4.49B−0.0%no maxnone dated
  • USD1$4.34B46.0× bigger, +$4.25B+0.0%no maxno record
  • Global Dollar$3.32B35.1× bigger, +$3.22B+0.0%no maxnone dated
  • PayPal USD$2.87B30.4× bigger, +$2.78B+0.0%no maxno record
  • Ripple USD$2.37B25.1× bigger, +$2.28B+0.0%no maxno record
  • Ondo US Dollar Yield$2.23B23.6× bigger, +$2.14B+0.3%no maxnone dated
Same job, different how

Stablecoins: this coin next to Ethena USDe, the biggest rival within reach. People go to the bigger coin unless the smaller one does something it does not.

USDa says
Avalon Labs is creating an on-chain financial center for Bitcoin, offering BTC-backed lending, a Bitcoin-backed stablecoin, yield accounts, and a credit card.
Ethena USDe says
Ethena is a delta-hedged synthetic dollar with native crypto yield derived from staking and perpetual funding rate.

Two claims, side by side, in their own words. Whether the difference is real is for the record to show over time, and for you to judge.

What it is

Avalon Labs is creating an on-chain financial center for Bitcoin, offering BTC-backed lending, a Bitcoin-backed stablecoin, yield accounts, and a credit card. The goal is to make Bitcoin an active economic asset in global markets through a scalable and accessible network.

Problem it says it solves: a stable digital dollar. 194 coins are working on it and together they are worth $309,327,253,815. This coin is 0% of that.

Each bar is a coin's worth today (price × coins out), longest first. The lit bar is this coin; grey bars are the others doing the same job.

Bars are market cap. Order is size, nothing else. Differences are measured from the coin you are looking at.

What should make me careful?

Nothing printed today

None of the six tests fails. A missed promise counts only on a record a person has checked.

ExpandCollapse
Why is it this small?

Stablecoins: this coin next to the group's largest, Ethena USDe.

USDaEthena USDe
Years trading2 years2 years
Major exchanges05
Named backers00
Headlines, last month1732
Promises deliveredno recordno record

What it says is different: Avalon Labs is creating an on-chain financial center for Bitcoin, offering BTC-backed lending, a Bitcoin-backed stablecoin, yield accounts, and a credit card. The goal is to make Bitcoin an active economic asset in…

It is 2.0% the size of Ethena USDe. On the facts above it is behind on major exchanges. For that gap to close, the record would need deliveries showing up in its record, listings on major exchanges. Nothing here says it will; the site does not predict.

The tests: nothing to hold it for, more missed than delivered, priced ahead of its record, half the supply still to come, rivals ship while it does not, a big release of coins soon.

The homework: the coin itself, the news, the record

The coin itself

$0.9671price of one
5%below its highest ever$1 on 13 January 2025
100%of the supply is out97.76M coins
ExpandCollapse

No price history yet.

100%

of all USDA that will ever exist is already out in public hands: 97.76M coins.

Nothing is held back. Every coin is already out.

out held back. Each dot is 1%.

Meant to stay at one dollar

Holding it is holding a copy of a dollar. It is not built to rise.

  • Nothing the project's own pages spell out.
$0.9671price of one
×
97.76Mcoins out
=
$94.54Mworth today, #260 of all coins

That is all a market cap is: today's price times the coins in public hands. It moves every time the price does. It says what buyers are paying, not what the coin is worth.

Basics
  • 97.76Min circulation of 97.75M total. No hard maximum is set, so more can be created.
  • 95%of its all-time high of $1.02 on 13 January 2025. That is −5.3% from the top.
  • #260by market cap, $94,542,304.
  • Not checkedwho holds the most coins, and how much has been burned. Those need on-chain data this site does not read yet.

Supply and value figures from CoinGecko, refreshed hourly. Not part of the record.

What the news says

17headlines, last monththat name this coin
1about governmentregulation, courts, central banks
ExpandCollapse

Headlines per day, last 30 days

17 headlines named this coin in the last month.

What they were about

  • Price3
  • Treasury1
  • Upgrade1
  • Regulation1
In the news
What people are talking about, last month:

17 headlines in the last month.

Headlines are the publishers' own. News is never placed next to price.

The record itself

Not covered. The criterion it missed: no roadmap or documentation page linked from the homepage.

Pages savednot yetno roadmap page found
Promisesnone yetno record drafted
ExpandCollapse

Six facts, the project's own replies, its peers, contract facts, references and every stored copy