Binance has announced the launch of the USUAL stablecoin through its Launchpool platform, offering early access to users.
USUAL Launch on Binance
The cryptocurrency exchange Binance announced that it will be the first exchange to launch the new USUAL stablecoin through its pre-market launch platform, Binance Launchpool. The dedicated token page will go live 12 hours prior to the pre-market launch, scheduled for 10:00 UTC on November 19. Binance is also providing early access to the USUAL/USDT trading pair, allowing users to trade the stablecoin before the official listing.
Details about USUAL Stablecoin
USUAL is issued by Usual Labs, a decentralized stablecoin issuer backed by major industry players like Kraken, Mantle, and Starkware. The coin was introduced in February 2024 and operates on the Ethereum network. It is positioned as a permissionless asset-backed coin with a revenue model designed to benefit community members. It is expected that upon official listing on Binance, its initial circulating supply will be around 12.37% of the total supply of 4 billion tokens.
Incentivizing Early Participation through Binance Launchpool
Binance is incentivizing early participation by offering users the opportunity to earn USUAL token airdrops in BNB and FDUSD over a four-day period. Farming for USUAL will begin on November 15 at 00:00 UTC. The announcement of USUAL’s launch on Binance follows the successful completion of Usual Labs' $1.5 million community funding round last week, with investments from notable players like The Echonomist and Breed Syndicate.
The launch of USUAL on Binance via Launchpool highlights the exchange's commitment to offering early access to innovative stablecoins and new investment opportunities.
