Update:
#usual (USUAL) and Top Crypto Market News!
Recent Major Developments:
Usual’s Accelerated Growth: Usual has reached a market cap of $$ 1.55 billion, recording a growth of 77.17% in the last 7 days and 256% in the last month.
Significant Capital Investment: The company has secured a $$ 10 million Series A round led by Binance Labs and Kraken Ventures, aiming to expand its operations and integrate Real World Assets (RWAs) into its platform.
Reserve Diversification: Usual has begun to diversify its reserves by incorporating
#Ethena ’s USDtb, which is backed by
#BlackRock ’s BUIDL fund, strengthening its position in the stablecoin market.
Crypto Market Breaking News:
Ripple Launches New Stablecoin:
#Ripple recently launched RLUSD, a stablecoin fully backed by US dollar deposits, government bonds and cash equivalents, challenging market leaders such as Tether and USD Coin.
First PYUSD Trade Transaction by PayPal:
#Paypal conducted its first trade transaction using its PYUSD stablecoin, demonstrating the viability and promoting the use of stablecoins in business transactions.
Interact with Usual!
What do you think of Usual’s rapid growth in the stablecoin market?
How do you see the entry of large companies, such as Ripple and PayPal, into the stablecoin universe?
What strategies do you consider when investing in emerging stablecoins?
Share your thoughts in the comments and join the discussion! 🗣️👇