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Abra Launches Solana-Based AbraFi Platform and USDAF Stablecoin

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Abra announced the token launch of AbraFi, a Solana-based synthetic asset tokenization platform. The platform will operate as a DAO, with AFI token holders controlling governance and earning most protocol revenue. Its first product is USDAF, a synthetic dollar backed by SOL, USDT, and USDC. AbraFi is in seed funding and aims to launch around January 1. The company may also pursue an IPO in Q1 2026. For those asking, what is AbraFi? It’s a DeFi-driven platform focused on synthetic asset issuance and governance.
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