Argo

Argo is a lending protocol on Aptos that lets users collateral for minting and borrowing a dollar-pegged stablecoin USDA. Much like Maker Protocol on Ethereum, Argo will unlock liquidity for otherwise idle assets deployed in the Aptos ecosystem. Argo is bringing $USDA, a decentralized stablecoin, to Aptos. USDA is a USD stablecoin on Aptos. It is fully-backed by high-quality assets like APT in Argo vaults. USDA can be used like any other stablecoin.