Usual, a stablecoin protocol, has completed a $10 million funding round led by Binance Labs and Krak

On Monday, the decentralized stablecoin protocol Usual announced the completion of a $10 million Series A funding round led by Binance Labs and Kraken Ventures, with participants including synthetic dollar platform Ethena, real asset tokenization companies Ondo, Galaxy, OKX Ventures, and Coinbase Ventures.

On chain stablecoin infrastructure company M ^ 0 also participated in this investment, and the company reached an agreement with Usual last week to help expand its backing assets.

The Usual USD (USD0) issued by Usual is a fully compliant stablecoin backed by real assets (RWA) 1:1, with a market value of $1.46 billion. According to DefiLlama's data, USD0 is currently the sixth largest stablecoin in terms of market capitalization.

Usual The governance token USUAL has been issued and has risen by approximately 27% in the past 24 hours, with a trading price of $1.33 as of the deadline.

Related article: "What is Usual, the new project of Binance Launchpool? Understanding the stablecoin protocol combined with RWA"

本文标签：

声明：本文由代码号注册/游客用户【澜漪】供稿发布，本站不对用户发布的Usual, a stablecoin protocol, has completed a $10 million funding round led by Binance Labs and Krak信息内容原创度和真实性等负责。如内容侵犯您的版权或其他权益，请留言并加以说明。站长审查之后若情况属实会及时为您删除。

很赞哦！ ()