The post OKX Ventures Announces Investment in Decentralized Stablecoin Platform USUAL appeared on BitcoinEthereumNews.com.

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 Invests in USUAL 🌟 We’re excited to announce our investment in @usualmoney , a decentralized stablecoin protocol that’s redefining the future of finance! 🌍 With its novel approach to integrating RWAs & DeFi, USUAL is creating a more equitable, decentralized… pic.twitter.com/ulZpeGiJxr — OKX Ventures (@OKX_Ventures) December 24, 2024 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…

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Filed under: News - @ December 25, 2024 3:20 pm