$USUAL , the decentralized stablecoin protocol, recently completed a Series A funding round raising $10 million. This round was led by Binance Labs and Kraken Ventures, with participation from investors such as Galaxy Ventures, Coinbase Ventures, and others.

This funding comes after Usual surpassed $1.4 billion in total value locked (TVL) and positioned itself among the top 5 stablecoins by growth. The protocol is notable for being the first fiat-backed stablecoin issuer to demonstrate sustained growth in the decentralized finance (DeFi) space.

USUAL aims to disrupt the stablecoin landscape by combining the security of real-world assets (RWA) with the liquidity and composability of DeFi. The protocol adopts an innovative model that redistributes ownership and governance through the USUAL token, promoting a community-driven approach.

With the support of prominent investors, USUAL plans to further expand, integrating its solutions into both decentralized and centralized finance, aiming to redefine the stablecoin market and offer new opportunities to users.