Usual Protocol activates revenue switch amid redeem function debate
Can Usual’s revenue switch deliver on its promises amid growing concerns? The Revenue Switch, a mechanism designed to distribute 100% of Usual’s (USUAL) protocol revenue to USUALx stakers, has been launched by the USUAL token and USD0 stablecoin ecosystem creators. While the initiative marks a significant step forward for decentralized finance, its debut is accompanied […]
Stablecoin developer Usual faces backlash after changing redeem function
Stablecoin developer Usual is under scrutiny after changing 1:1 redemption mechanism for USD0++, its yield-bearing staked token tied to the USD0 stablecoin. USD0++, the staked version of the USD0 stablecoin by Usual, dropped to $0.92 — 8% below its previous redemption value — after new early exit options triggered a sell-off and disrupted its largest […]
USUAL fee switch activation could reshape DeFi ecosystem in 2025
Jan. 7 could mark a turning point, as Usual plans to activate the token fee switch for real value sharing. The real-world asset stable coin protocol Usual (USUAL) has recently hinted at the activation of its token fee switch. The fee switch era begins. 2025 marks a turning point for DeFi: real value, real distribution. […]
Binance introduces USUAL as a new flexible lending asset
Binance expands lending options with USUAL token and stablecoin investment. As of Dec. 25, 2024, Binance announced that the Usual protocol (USUAL) token would be added as a new borrowable asset under its Pledged Loan program. The move hopes to increase borrowing flexibility by enabling users to use assets from Binance Earn—Binance’s platform for earning […]
OKX Ventures officially announces investment in USUAL
OKX Ventures invests in USUAL, a cutting-edge decentralized stablecoin backed by real-world assets. The investment division of the well-known cryptocurrency exchange OKX, OKX Ventures, has formally announced its investment in the Usual Protocol, a decentralized stablecoin issuer that seeks to transform the financial landscape. OKX Ventures Invests in USUAL 🌟 We’re excited to announce our […]
Binance Labs, Kraken Ventures back $10m round for stablecoin issuer Usual
Binance Labs and Kraken Ventures led the $10 million Series A funding round for Usual, a decentralized fiat-backed real-world assets stablecoin issuer. Usual, the RWA-backed stablecoin issuer that uses its USUAL token to distribute value and ownership, revealed the fundraising via X on Dec. 23. The protocol said it had secured $10 million in the […]
