Crypto
Angle Protocol to phase out EURA and USDA stablecoins, focus on DeFi incentives platform
Angle Protocol will phase out its EURA and USDA stablecoins. Holders can redeem EURA for EURC and USDA for USDC at a 1:1 rate on Ethereum through the Angle app until March 1, 2027. Vault manager users can close positions and recover collateral. After the redemption period, remaining reserves will be distributed on Ethereum by airdrop to unredeemed holders on a proportional basis, with a 1-year claim window.
