Comparison:

xBacked
(Inactive)
Decentralized Stablecoin protocol For Algorand

Details
xBacked is a decentralized stablecoin protocol that allows anyone with ALGO to mint xUSD, which is over-collateralized by assets such as Algo, BTC, and ETH.
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Significant Events
Jan 17, 2023
Jan, 2022
xBacked raised $ 1.5 M in Seed round