Binance Labs has made a significant investment in the decentralized stablecoin protocol Usual. This $10 million funding has attracted attention to the project and supports its further development.
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 and positioning itself among the top five stablecoins globally. Usual's model integrates real-world assets, like US Treasury Bills, to create the USD0 stablecoin.
The Growing Appeal of Tokenized Assets
Usual focuses on tokenizing real-world assets, including those from BlackRock and Ondo, to enhance liquidity. However, integrating these assets remains challenging, as fewer than 5,000 holders have RWA assets on the mainnet.
A New Era for Governance in Stablecoins
Usual introduces a fully decentralized governance model, allowing $USUAL token holders to participate in decision-making. The income pool is shared among users, ensuring the protocol's success is a community effort. The market cap of $USUAL is rising rapidly due to demand.
Usual continues to grow, focusing on expanding its ecosystem and increasing product adoption. The introduction of the governance token is planned, along with the Usual Pills campaign, allowing protocol participants to receive a share in $USUAL.
