Binance Labs invests $10 million in Usual, a decentralized stablecoin protocol. The project's success is linked to the tokenization of assets and a new governance model.
Usual's Innovative Model
Usual has secured a significant position in the stablecoin market, amassing $1.4 billion in TVL and ranking among the top five stablecoins globally. Usual's model centers on tokenizing real-world assets like US Treasury Bills, integrating them into DeFi to create the stablecoin USD0.
Relevance of Real-World Assets
Usual's success stems from tokenizing real-world assets by partnering with institutions like BlackRock and Ondo. Increasing liquidity of traditionally illiquid assets enhances investor access and DeFi growth. Nevertheless, integrating RWAs into DeFi faces challenges, like the limited number of asset holders on the mainnet.
Transparent Governance and Usual's Future
Usual introduces a decentralized governance model, enabling participants to influence decisions and benefit from profit redistribution. Usual's yield enhances the protocol treasury, offering users governance tokens. Transparency and security heighten user appeal.
Usual gains popularity through innovation and decentralized governance. The project's ongoing development focuses on ecosystem expansion and increasing user engagement.
