Binance Labs has invested in Usual, a decentralized RWA (real-world asset)-backed stablecoin issuer.
Usual stands out with its governance token called USUAL, which has an intrinsic value directly linked to the protocol’s revenue model. The USUAL price also increased by more than 8% after the Binance Labs announcement.
Usual introduces an innovative stablecoin backed by real-world assets. This stablecoin combines the liquidity and flexibility of DeFi with secure real assets. Research by CoinGecko has revealed that RWA is one of the most popular trends this year.
Support from Binance Labs
Binance Labs invested in Usual to accelerate its mission and increase the adoption of decentralized finance. “Stablecoins have long served as a gateway to bringing new users into the crypto ecosystem. Usual’s community-focused approach sets a new standard for inclusivity and empowerment,” said Alex Odagiu, Chief Investment Officer at Binance Labs.
Pierre Person, CEO of Usual Labs, also emphasized the importance of the collaboration with Binance Labs, saying, “Binance Labs’ support is fully aligned with their emphasis on projects that prioritize technological innovation and real-world benefit. In the coming months, we will work together to ensure that the stablecoin market remains at the forefront of innovation and becomes more community-centric.”
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