• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Binance Labs Backs Usual's Innovative Stablecoin Protocol

user avatar

by Giorgi Kostiuk

3 months ago


Binance Labs has made a substantial investment in Usual, a decentralized stablecoin protocol, amounting to $10 million. This marks a crucial step for the project's development.

A Bold Move Into Stablecoins

Usual has quickly risen as one of the most innovative players in the stablecoin market, securing over $1.4 billion in total value locked and ranking among the top five stablecoins globally. The protocol's model incorporates Real-World Assets like US Treasury Bills into its ecosystem, creating a stablecoin, USD0, that is permissionless and fully backed by short-term bonds.

The Growing Appeal of Tokenized Assets

Usual's success hinges on its focus on tokenizing real-world assets. By collaborating with institutions such as BlackRock and Mountain Protocol, it enhances the liquidity of traditionally illiquid assets. However, integrating real-world assets into DeFi remains challenging, with fewer than 5,000 holders on the mainnet.

A New Era for Governance in Stablecoins

Usual introduces a fully decentralized governance model, allowing users to partake in decision-making. Holders of the $USUAL token influence governance decisions and benefit from profit redistribution within the protocol, offering a more transparent option for stablecoin users.

As Usual continues to grow, it aims to expand its ecosystem and increase product adoption. The launch of the Usual Pills campaign leading up to the $USUAL token distribution marks an important next step.

0

Share

Other news

BabyDoge Coin: Cryptocurrency with a Mission

BabyDoge Coin grabs attention with its unique meme and charity-focused mission.

user avatarGiorgi Kostiuk

a few seconds ago

Pi Network: Q1 2025 Milestones and Achievements

Overview of Pi Network's achievements in Q1 2025: Open Network launch, Pi coin debut, exchange listings.

user avatarGiorgi Kostiuk

a minute ago

New Wave of Manipulations on HyperLiquid Platform Raises Concerns

The $JELLY incident exposed HyperLiquid's vulnerabilities. Debates on platform centralization and security arise.

user avatarGiorgi Kostiuk

2 minutes ago

How KiloEx is Changing the Face of Decentralized Exchanges

KiloEx completed its TGE, raising 1213.94 BNB in 1 second, offering traders a new, more secure platform.

user avatarGiorgi Kostiuk

2 minutes ago

MXNB Stablecoin by Bitso: A New Era in Mexican Crypto Market

Bitso introduces MXNB, a peso-pegged stablecoin for fast and efficient cross-border payments in Mexico.

user avatarGiorgi Kostiuk

3 minutes ago

Kaspa Prepares for Major Network Upgrade: Crescendo Hardfork

Kaspa plans to transition to 10 blocks per second, a tenfold increase in current throughput.

user avatarGiorgi Kostiuk

4 minutes ago

dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.