Angle is a decentralized, over-collateralized stablecoin protocol designed to issue stablecoins like EURA (€) and USDA ($), backed by diversified reserves. It features modules for borrowing, price stability, and savings, ensuring liquidity, resilience, and yield opportunities for stablecoin holders. Governed by a DAO through veANGLE, the protocol supports cross-chain liquidity and open development.
Hyperlane is an open interoperability framework, providing tools for developers to connect and build cross-chain applications that communicate securely across blockchains. It operates without a token or governance process. In 2022, Hyperlane raised $18.5 million in seed funding led by Variant, with support from investors like Galaxy Digital and Circle.
Glo Dollar is a fiat-backed stablecoin designed to combat extreme poverty by donating all its interest earnings to provide basic income for those in need. Overseen by the Glo Foundation's governance council, it ensures security with hardware wallets and succession plans. The unique AutoPGF model directs reserve yields to public goods and charities. Glo Dollar raised $2 million from Sytse Sijbrandij.
Across is an interoperability protocol using an intents-based architecture to enable fast, low-cost, and secure cross-chain transactions. Unlike traditional message-passing solutions, Across relies on relayers to fulfill user-defined outcomes instantly, with a separate settlement layer ensuring secure and verifiable fund transfers.
