Avalanche stablecoin center Stable Jack completes 1 million USD angel round financing

Avalanche stablecoin center Stable Jack announced the completion of $1 million angel round financing. Investors and valuation information have not been disclosed yet. It is reported that Stable Jack currently offers income-based stablecoins, volatility AVAX tokens and stable exchange products. Income-based stablecoins emphasize capital efficiency, no liquidation risk and no centralization risk. Volatile AVAX tokens provide DeFi composability without paying financing fees or liquidation risk. Stable exchanges facilitate unilateral liquidity supply.