Decentralized stablecoin project Angle Protocol announces it will gradually shut down its euro stablecoin EURA and US dollar stablecoin USDA, with community voting unanimously in favor of the decision. EURA was once a market leader, but due to increased competition, its market cap has dropped to $4 million. Despite the ongoing market expansion, EURA has chosen to exit orderly and allows holders to exchange it for other stablecoins within one year.

Angle Protocol officially announces that the community has voted to proceed with the orderly liquidation of stablecoins EURA and USDA, and users must redeem them at a 1:1 ratio before March 1, 2027. After liquidation, remaining reserves will be airdropped to holders via Merkl, and the Angle team will transition to Merkl, a DeFi-focused platform, which will enable the exchange of new tokens on Ethereum over the next year.

Gate News Bot news, on November 17, according to CoinMarketCap data, as of the time of writing, ADA (Cardano) is currently priced at $0.49, falling by 2.02% in the last 24 hours, with a high of $0.61 and a low of $0.48. The 24-hour volume reached $1.166 billion. The current market capitalization is approximately $17.688 billion, a decrease of $365 million compared to yesterday. Important news about ADA recently: 1️⃣ **Large holders' massive exchanges trigger market fluctuations** A long-term Cardano holder recently executed a significant transaction, exchanging 14.4 million ADA worth approximately $6.9 million for 847,000 USDA. This transaction resulted in a loss of about $6.05 million, primarily due to insufficient market liquidity. It is worth noting

Gate News bot message, On-chain analyst @zachxbt reports a significant market event where a Cardano holder executed a substantial swap of 14.4 million ADA (valued at $6.9 million) for 847,000 USDA. The transaction resulted in a $6.05 million loss due to insufficient liquidity in the market. The not