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Ampleforth integrates with Avalanche to introduce stablecoin alternative -Breaking

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Fragments Inc. has revealed that Ampleforth, which was developed by the Fragments Inc. team, will be integrated in popular blockchain. This integration will facilitate the introduction AMPL, a completely decentralized unit of account that can be used for denominating stable contracts.

As a potential decentralized option to stablecoins, the Ampleforth protocol promises to be able use core functions in the DeFi space like lending, borrowing, and deployment of on-chain derivatives.