Stablecoin Protocol Thala Labs to Launch Over-Collateralized Stablecoin $MOD

Aptos ecosystem stablecoin protocol Thala Labs announced that it will launch the over-collateralized stablecoin Move Dollar ($MOD). In addition, Thala is concurrently developing other products to ensure MOD’s ubiquity on the Aptos blockchain. These include an AMM, with preferential fees and features to pools that integrate MOD, and a launchpad that will incentivize all Aptos projects to diversify their treasury assets into MOD.