RootData released the RWA stablecoin protocol Usual briefing, and the USUAL token has increased by 52.82% in the past week
ChainCatcher news, RootData released the RWA stablecoin protocol Usual briefing, stating that Usual has raised a total of $18.5 million. Despite the overall downturn in the crypto market, $USUAL has achieved a 52.82% increase in the past week.
Usual is a fiat-backed stablecoin protocol planning to launch USD0, a permissionless and fully compliant stablecoin backed 1:1 by real-world assets (RWAs); it will also launch USUAL, a governance token that allows the community to guide the future development of the network.
Highlights of Usual include:
Enhanced security and stability
Flexible liquidity and yield generation
Deflationary model and long-term incentives
In addition, Usual announced last night the completion of a $10 million Series A funding round, led by Binance Labs and Kraken Ventures.
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