Binance Labs has announced a significant investment in Usual, a decentralized stablecoin protocol. The Series A funding round secured $10 million for Usual, also involving Kraken Ventures and other major industry players.
A Bold Step into Stablecoins
Usual has quickly emerged as one of the most innovative players in the stablecoin market, securing over $1.4 billion in total value locked. Unlike many others, Usual integrates real-world assets such as US Treasury Bills into its ecosystem, creating the stablecoin USD0.
The Growing Appeal of Tokenized Real-World Assets
Usual's success is largely due to its focus on tokenizing real-world assets, enhancing liquidity and offering greater access to a broader pool of investors, despite existing challenges in integrating such assets into DeFi.
A New Era for Governance in Stablecoins
Usual introduces a decentralized governance model that allows users to participate in decision-making and benefit from profit redistribution, ensuring transparency and security for users.
Investing in Usual underscores the effort to create a secure and decentralized stablecoin ecosystem that bridges traditional finance with DeFi.
