Binance Labs announces it has invested in Usual

PANews reported on December 23 that Binance Labs announced that it has invested in Usual, a decentralized RWA (real world asset)-backed stablecoin issuer focused on redefining stablecoins through community-first innovation. Usual realizes the redistribution of value and ownership through the $USUAL governance token, with 90% of the tokens distributed to users, promoting a decentralized and fair financial model.

The new stablecoin issued by Usual is backed by real-world assets and combines the security and liquidity of DeFi to reduce bank risks while providing opportunities for users through shared rewards and governance.