The Angle Protocol community has resolved to orderly shut down the EURA and USDA stablecoins
By: rootdata|2026/03/04 22:48:46
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According to official news, the Angle Protocol community has agreed to orderly shut down the EURA and USDA stablecoins over a one-year transition period through proposal AIP-112.
Users can cross back EURA and USDA from various chains to Ethereum via the Angle App before March 1, 2027, and exchange them for EURC and USDC at a 1:1 ratio. VaultManager positions can be closed to retrieve collateral.
After the transition period ends, the protocol will cease operations, and EURA and USDA may become unpegged; remaining reserves will be reclaimed by multi-signature and airdropped proportionally to unreleased holders on Ethereum through Merkl. Users will have a one-year window to claim after the airdrop goes live.
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