RWA stablecoin protocol Usual completes $10 million Series A financing
RWA stablecoin protocol Usual has completed a $10 million Series A financing, led by Binance Labs and Kraken Ventures. Galaxy, OKX Ventures, Wintermute, IOSG Ventures and others participated in the investment.
Usual is a decentralized RWA (real world asset)-backed stablecoin issuer that focuses on redefining stablecoins through community-first innovation. It realizes the redistribution of value and ownership through the $USUAL governance token, with 90% of the tokens allocated to users, promoting a decentralized and fair financial model.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Data: Only about 5% of altcoin supply is in profit, the divergence between Bitcoin and altcoins is unprecedented
Brown University and Emory University hold over $65 million in bitcoin-related assets combined
Trending news
MoreCrypto prices
More
