When a former French MP gets into crypto, it makes waves! Pierre Person, known for his support for the blockchain ecosystem when he was a member of the National Assembly, recently unveiled Usual, an ambitious project centered on the USD0 stablecoin. The latter aims to compete with giants like USDT and USDC thanks to an innovative and transparent approach. (Source: Cryptoast)
Impressive funding for a promising project 💰🌍
To bring this project to life, Usual raised $10 million in a Series A funding round. This round attracted prestigious investors such as Binance Labs, Kraken Ventures, Coinbase, and many other big names in the industry. These funds will be used to perfect USD0 and strengthen its competitiveness in the global stablecoin market. (Source: Cryptoast)
An adoption that does not go unnoticed 📈✨
USD0’s success was not long in coming. In just a few weeks, it reached nearly $2 billion in total value locked (TVL). In addition, the project’s governance token, named USUAL, saw its price jump by 30% in just 24 hours, a sign of investor enthusiasm for this project. (Source: Cryptoast)
A touch of French innovation 🛠️🇫🇷
Usual is not limited to USD0: an advanced version, called USD0++, is also available. This one offers additional features to satisfy the most demanding users. By co-founding this project with Adli Takkal Bataille, a pioneer of crypto in France, Pierre Person once again shows his commitment to making France a key player in the cryptocurrency sector. (Source: Cryptoast)
Is the future of stablecoins French? 🔥🔗
With Usual and USD0, Pierre Person wants to redefine the stablecoin market by bringing more innovation and transparency. This ambitious project could well propel France to the forefront of the global cryptocurrency scene.
👉 To learn more, follow the evolution of the Usual project: it could well transform the future of stablecoins!
