There was news on Twitter (https://twitter.com/c0insbit) yesterday:

One of the biggest events of this year❇️
💥Meet the first Asian stablecoin💥

🔸The mission of the USDA is to build a financial ecosystem in the Asia-Pacific stable digital market.
🔹USDA as a Stablecoin pegged to the dollar.
💵1 USDA = US $ 1💵