OKX Ventures made a strategic investment in USUAL, a decentralized stablecoin integrating real-world assets. This investment aims to enhance governance and foster community engagement to innovate financial interactions.
The stablecoin, known as USD0, is fully collateralized by tokenized U.S. Treasury Bills, ensuring its stability. USUAL challenges centralized competitors by allocating 90% of its tokens to users, enhancing user engagement.
With over 1.4 billion USD total value locked (TVL), USUAL is gaining prominence in the crypto sector. MAJOR backers, including Binance and Kraken, demonstrate increasing confidence in USUAL’s innovative approach to stablecoin issuance.