Usual completes $10 million Series A financing, led by Binance Labs Fund and Kraken Ventures

On December 23, Usual announced the completion of $10 million Series A financing, led by Binance Labs Fund and Kraken Ventures, with participation from Galaxy, OKX Ventures, Wintermute, IOSG Ventures, and others.

Usual is a decentralized RWA (real-world asset) backed stablecoin issuer focused on redefining stablecoins through community-first innovation, achieving value and ownership redistribution via the governance token $USUAL , with 90% of token distribution allocated to users, promoting a decentralized and fair financial model.