Deep Tide TechFlow News, on December 23, Binance Labs announced an investment in the decentralized stablecoin issuance protocol Usual. This project issues stablecoins backed by RWA and redistributes value and ownership through the USUAL token.
Alex Odagiu, Director of Investments at Binance Labs, stated that stablecoins have always been an important entry point for users into the cryptocurrency ecosystem, and Usual's community-first approach sets a new standard for inclusive finance. Pierre Person, CEO of Usual Labs, revealed that Binance Labs is a co-lead investor in the project's Series A financing, and the two parties will continue to collaborate to drive innovation in the stablecoin market.