Odaily Planet Daily News The decentralized stablecoin protocol Angle Protocol announced the launch of the V2 version on Twitter, which will provide diversified asset allocation for its euro stablecoin agEUR reserve, including the tokenized short-term risk-free euro launched by Backed Bond ETF bC3M. This reserve asset will generate interest and become the first asset for all agEUR holders to obtain risk-free returns through staking.

According to news on July 10, the Angle Protocol community, a decentralized stablecoin protocol, recently launched a new proposal, proposing to launch a new module called Transmuter and replace the protocol collateral reserve. Transmuter is a new minting module designed for agEUR, which aims to enhance the system's resistance to black swan events and reduce reliance on hedging mechanisms. Additionally, the proposal proposes swapping the collateral reserves backing agEUR (including USDC, DAI, and FRAX) for EUROC and bC3M. EUROC is Circle’s euro stablecoin, and bC3M is Backed’s tokenized version of the C3M ETF, which aims to invest in short-term European government bonds. The goal of this proposal is to back agEUR with high-quality euro-denominated assets, enabling the protocol to offer risk-free savings contracts to all stakeholders.