Binance Labs has made a significant investment in Usual, a decentralized stablecoin protocol, securing $10 million during its Series A round with the involvement of Kraken Ventures.
A Bold Step into Stablecoins
Usual has quickly emerged as one of the most innovative players in the stablecoin market, attracting over $1.4 billion in total value locked and ranking among the top five stablecoins globally. The protocol integrates Real-World Assets, such as US Treasury Bills, allowing the tokenization of physical assets into the DeFi space.
The Growing Appeal of Tokenized Real-World Assets
Usual's focus on tokenizing real-world assets is key to its success. By integrating assets from institutions like BlackRock and Mountain Protocol, it enhances liquidity for traditionally illiquid assets. Usual aims to overcome the challenges of integrating RWAs into DeFi by offering a model that redistributes value among its users.
A New Era for Governance in Stablecoins
Usual introduces a fully decentralized governance model, distinct from traditional stablecoins. $USUAL token holders participate in key decisions and share in the protocol's profits, offering a more transparent and secure alternative.
Usual continues to grow, solidifying its position in the stablecoin ecosystem and planning upcoming campaigns to further expand and adopt its products.
