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[New Fundraising] Usual has closed a $10M Series A funding round, led by Binance Labs and Kraken Ventures
Usual is a fiat-backed stablecoin protocol that plans to launch USD0, a permissionless and fully compliant stablecoin backed 1:1 by real-world assets (RWAs), and USUAL, a governance token that allows the community to guide the future evolution of the network. Usual addresses current stablecoin market issues by redistributing profits to the community, rewarding token holders with real yields generated by the RWAs.
More about Usual: https://www.rootdata.com/Projects/detail/Usual?k=MTE5NTI%3D
Source: https://x.com/usualmoney/status/1871213374547370328
BY RootData

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