#BinanceLabsBacksUsual
๐ Big News! Binance Labs Backs Usual in Game-Changing
Stablecoin Innovation! ๐
Binance Labs has made a major move by investing in Usual, a
decentralized stablecoin issuer, bringing a fresh wave of
innovation to the crypto space.
Here's why this is a game-changer:
๐น USD0 Stablecoin Powered by Real-World Assets (RWAs):
Usual's USD0 stablecoin is backed by ultra-short-term U.S.
Treasury bonds, offering a secure and reliable asset for users.
This combination of traditional financial security with
decentralized finance (DeFi) reduces the reliance on
commercial banks and shields against banking risks.
๐น A Community-Centric Approach:
Usual is all about fairness and inclusivity! A whopping 90% of
$USUAL governance tokens are distributed to the community.
This allows users to have a voice in the future of the ecosystem.
๐น Strategic Funding and Growth:
Usual has successfully raised $10 million in Series A funding
from leading investors like Binance Labs and Kraken Ventures.
Following this announcement, the value of the $USUAL token
surged by 15%, and its market cap has reached an impressive
$570 million.
๐น DeFi Flexibility with Security:
With its decentralized model, Usual provides users with a safer
alternative to traditional banks, offering the benefits of both
DeFi flexibility and the security of traditional finance.
๐น Integration with Binance Services:
Binance users can now lend $USUAL flexibly, further
strengthening the ecosystem and providing more opportunities
for everyone.
๐ฅ Why This Matters to the Market:
1. Stability & Security in DeFi: Usual's stablecoin offers a new level of security and trust in the DeFi space.
2. Innovative Financial Ecosystem: By combining traditional
assets with decentralized solutions, Usual is helping to build a
more resilient and community-driven financial system.
3. Strong Market Potential: The growth in token value and
backing from Binance Labs shows Usualโs potential for long-
term success.
#BinanceLabs #Usual #USD0 #DeFiInnovation #Stablecoins