Usual, a new decentralized stablecoin project using US Treasury bonds as collateral, has raised $10 million in Series A funding led by Binance Labs and Kraken Ventures. 📉 But what chance does Usual have in a market dominated by stablecoin giants DAI and USDe? The rapid growth of TVL, combined with promises of high returns, calls into question the sustainability of this new project. 🤔