💥 Usual Successfully Raises 10 Million USD in Series A Funding
Usual, a decentralized stablecoin protocol, has announced the completion of its Series A funding round worth 10 million USD, co-led by Binance Labs and Kraken Ventures. The funding round also saw participation from several major names in the crypto space such as Ethena, Galaxy, OKX Ventures, Coinbase Ventures, Wintermute, GSR, IOSG Ventures, Amber Group, M^0 Foundation, and Symbolic Capital.
With support from Binance Labs, Usual is committed to accelerating its mission to redefine stablecoins and promote the adoption of decentralized financial (DeFi) systems.
Usual focuses on issuing stablecoins backed by RWA (real-world assets), prioritizing community-driven innovation. Through the governance token
$USUAL , 90% of the tokens are allocated to users, aiming to build a decentralized and equitable financial model that redistributes value and ownership to the community.
Immediately after the funding news, the USUAL token surged over 27%, currently trading around 1.36 USD. Congratulations to those who hold
$USUAL #BinanceLabs #USUAL