Binance Labs announces investment in RWA stablecoin protocol Usual

ChainCatcher news, Binance Labs announced an investment in the RWA stablecoin protocol Usual. Usual issues a new type of stablecoin, collateralized by RWA, combining the security of real-world assets with the composability and liquidity of DeFi.

According to RootData, Usual is a stablecoin protocol that has launched USD, a permissionless and fully compliant stablecoin backed 1:1 by real-world assets (RWA). USUAL is a governance token that allows the community to guide the future development of the network. Usual addresses current issues in the stablecoin market by redistributing profits to the community and rewarding token holders with actual earnings generated from RWA.