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

OKX Ventures, the investment branch of cryptocurrency exchange OKX, has disclosed an exclusive investment in USUAL, a decentralized stablecoin protocol. The investment is geared towards supporting projects that seamlessly integrate traditional finance and decentralized finance (DeFi) while bolstering decentralization.

OKX Ventures announced the collaboration in a recent post on social media. The platform highlighted that, through this investment in USUAL, it is able to capitalize on the stablecoin issuer’s innovative approach.

USUAL integrates decentralized governance and real-world assets to advance the stablecoin sector. These integrations aim to trigger a paradigm shift in the stablecoin value redistribution and liquidity.

Moreover, USUAL is focused on converging traditional finance with its cutting-edge model, empowering consumers through protocol governance and ownership. USD0, the flagship product of USUAL, serves as a decentralized stablecoin that is fully collateralised by tokenized real-world assets, such as U.S. Treasury Bills, and boasts permissionless and decentralized asset management to cater to users.

$USUAL Token Provides Unparalleled Governance and OwnershipThe native token of USUAL is $USUAL, which is designed for governance and ownership purposes, enabling consumers to participate in the decision-making process. The investment in USUAL positions OKX Ventures to support a project poised to revolutionize the stablecoin realm.

With 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, which has enabled it to reshape the stablecoin yield structure and establish an economy driven by mutual benefit and community co-creation. Dora expressed excitement for 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 enhances the overall appeal and utility of the USUAL ecosystem.

By combining institutional-level assets and cutting-edge DeFi protocols, USUAL promotes a more comprehensive and solid financial ecosystem, ultimately aiming to provide users with enhanced opportunities for security and further growth.