OKX Ventures backs decentralized stablecoin innovator USUAL

OKX Ventures, the investment division of leading cryptocurrency exchange OKX, has announced its investment in USUAL, a decentralized stablecoin issuer. This strategic move is consistent with OKX Ventures’ mission to foster projects that combine traditional finance and decentralized finance (DeFi) while supporting true decentralization, according to OKX projects.

Revolutionize stablecoin issuance with USUAL

USUAL differentiates itself in the stablecoin market through its integration of real-world assets (RWAs) and decentralized governance. The protocol’s flagship product, USD0, is a decentralized stablecoin fully backed by RWAs tokens, such as US Treasuries (T-Bills), which are managed in a decentralized and permissionless manner. This approach aims to create a new model for stablecoin liquidity and value distribution.

The native token, $USUAL, serves dual purposes of ownership and governance, allowing users to actively participate in the protocol’s decision-making processes and participate in its financial success.

Empowering users through governance

USUAL pioneers a value redistribution model that sets it apart from traditional stablecoin issuers such as Tether (USDT) and Circle (USDC). Instead of centralizing profits within the company, USUAL shares have value with their users and token holders. By holding $USUAL, users gain shared ownership of the protocol, enabling them to influence its management and reap financial benefits.

This decentralized governance approach promotes community-led decision-making, ensuring a more equitable and transparent framework. Users are not only stakeholders in growth but are also active participants in the evolution of the protocol, contributing to the long-term sustainability and success of the network.

Integration of real world assets (RWAs)

Addressing a critical challenge in the DeFi ecosystem, USUAL is connecting traditional financial assets to decentralized systems. Collaborating with industry leaders such as Hashnote and BlackRock allows USUAL to leverage RWAs such as US Treasuries, enhancing the stability and security of USD0.

Furthermore, partnerships with DeFi platforms including Curve, Pendle, Morpho, and Ether.fi enable USUAL to offer enhanced return strategies and robust liquidity solutions. This innovative tokenization of RWAs into composable and verifiable on-chain instruments makes traditional financial products available in the DeFi landscape.

By integrating institutional-grade assets with advanced DeFi protocols, USUAL enhances the stability and utility of its ecosystem, fostering a more inclusive and resilient financial environment.

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