The cryptocurrency Usual (USUAL) is attracting the attention of investors and blockchain enthusiasts. Here’s everything you need to know to understand its potential and the latest news surrounding it.

What is Usual (USUAL)?

Usual is a decentralized cryptocurrency, designed to offer an alternative to dominant centralized stablecoins such as USDT (Tether) and USDC (USD Coin). It stands out for its commitment to transparency and its collateralization by tangible financial assets, also known as Real World Assets (RWA). 

Launch on Binance Launchpool: A Major Milestone

Recently, Usual was launched on the Binance Launchpool, a platform that allows users to stake their cryptocurrencies to earn USUAL tokens in return. This initiative aims to compete with centralized stablecoins by offering a decentralized and transparent alternative.

The USD0 stablecoin: A revolution in progress

Usual introduced the USD0 stablecoin, which is fully backed by real financial assets. Unlike traditional stablecoins, USD0 offers increased transparency and strong collateral, addressing concerns about centralization and lack of transparency of other stablecoins.

Current price and capitalization

At the time of writing, the USD0 price is around €0.9609, with a market capitalization of €1,382,690,446. The 24-hour trading volume stands at €79,430,146, reflecting growing interest from investors.

Strategic Partnerships: An Alliance to Redefine DeFi

Usual recently formed a strategic alliance with Ethena and BUIDL, aiming to redefine decentralized finance (DeFi) and bring institutional liquidity to the sector. This collaboration could strengthen Usual’s position in the market and accelerate its adoption. 

Why does Usual stand out?

• Transparency: Unlike some centralized stablecoins, Usual emphasizes transparency in its reserves and operations.

• Backed by real assets: Backing by RWA provides increased security to USD0 holders.

• Decentralization: By offering an alternative to centralized stablecoins, Usual contributes to the decentralization of the cryptocurrency sector.

How to buy and use Usual (USUAL)?

Usual is available on several exchanges, including Coinbase. Users can purchase USUAL tokens using a variety of payment methods, including SEPA bank transfers, Visa and MasterCard, as well as services such as Apple Pay and Google Pay. 

Conclusion

Usual (USUAL) is positioning itself as a promising alternative to centralized stablecoins, with increased transparency and collateralization by real assets. Its launch on the Binance Launchpool and its strategic partnerships strengthen its credibility in the cryptocurrency market. Investors and blockchain enthusiasts should keep a close eye on this innovative cryptocurrency, which could well redefine the standards of decentralized finance.