OKX Ventures, the investment branch of the top crypto exchange OKX, has disclosed an exclusive investment in a decentralized stablecoin issuing company “USUAL.” The investment targets to back the projects that merge the conventional finance and the DeFi sectors while fortifying the decentralization. The platform disclosed this collaboration on social media.
OKX Ventures Backs Decentralized Stablecoin Issuer USUAL with Latest Investment
OKX Ventures pointed out that by investing in USUAL, it leverages the stablecoin issuer’s novel approach. USUAL reportedly leverages the decentralized governance and real-world assets, to advance the stablecoin sector. These integrations intend to trigger a paradigm shift in the stablecoin value redistribution and liquidity.
USUAL focuses on redefining the traditional finance with its cutting-edge model, strengthening consumers via protocol governance and ownership. USD0, the flagship product of USUAL, serves as a decentralized stablecoin. The project gets full collateral from the tokenized real-world assets like U.S. Treasury Bills. It also enjoys permissionless and decentralized asset management to facilitate the users.
$USUAL Token Provides Unparalleled Governance and Ownership
USUAL’s native token is $USUAL which serves for governance and ownership purposes, letting consumers take part in the decision-making procedure. The investment in USUAL enables OKX Ventures to back a project poised to revolutionize the stablecoin realm. Based on its focus on the latest blockchain innovations, OKX Ventures recognizes USUAL’s potential to advance the decentralized stablecoin governance and issuance.
Dora, the OKX Ventures Founder, commented on this development, emphasizing the integration of DeFi and RWA by USUAL. She asserted that, with this merger, USUAL has reshaped the stablecoin yield structure. In addition to this, the platform has also established an economy led by mutual benefit and community co-creation. Dora expressed excitement for backing USUAL to become the exclusive infrastructure leading the value creation along with worldwide DeFi growth.
The Integration Targets to Deliver Unique Security and Growth Opportunities
According to OKX Ventures, the integration with USUAL reinforces the reliability and stability of USD0. Additionally, it increases the appeal and utility of the overall USUAL ecosystem. With the combination of the institutional-level assets and the cutting-edge DeFi protocols, USUAL promotes a more comprehensive and solid financial ecosystem. Ultimately, it aims to deliver enhanced opportunities to the users for security and further growth.
