Aptos ecosystem stablecoin protocol Thala Labs will launch the over-collateralized stablecoin Move Dollar

Chain Catcher news, the decentralized stablecoin protocol Thala Labs in the Aptos ecosystem will launch an over-collateralized stablecoin called Move Dollar (MOD), while also developing other products to promote the application of MOD on the Aptos blockchain.

It is reported that the product suite includes an AMM that provides favorable fees and features for pools integrating MOD, as well as a Launchpad to incentivize all Aptos projects to diversify their treasury assets into MOD. The official team will also release protocol documents to disclose more details. (Source link)