OKX Ventures Expands Investments in Innovation
The investment arm of cryptocurrency exchange OKX, OKX Ventures, has announced its support for USUAL, a decentralized stablecoin issuance protocol. The move highlights the company’s commitment to integrating traditional finance with decentralized systems (DeFi), while maintaining a commitment to true decentralization.
USUAL and the New Stablecoin Concept
USUAL stands out from similar projects by using real-world assets (RWAs) and a decentralized governance system. The company’s key product is USD0, a stablecoin fully backed by tokenized real-world assets such as US Treasury bonds. These assets are managed in a decentralized and permissioned environment, creating a new model of liquidity and value distribution.
An important part of the ecosystem is the $USUAL token, which serves a dual purpose: it gives users the opportunity to participate in the governance of the protocol and at the same time gives the right to a share in its financial results.
Equal opportunities for all participants
USUAL offers a unique value distribution model that differs from the approach of traditional stablecoin issuers such as Tether (USDT) and Circle (USDC). Instead of concentrating profits within the company, the project shares value with its users and token holders.
$USUAL holders get the opportunity to participate in the governance of the protocol, influencing key decisions and benefiting from financial growth. This decentralized governance model contributes to the formation of a fair and transparent ecosystem, where users become not only beneficiaries, but also active participants in the development of the protocol. This creates the conditions for long-term sustainability of the network.
Merging Traditional Finance and DeFi
USUAL successfully bridges the gap between traditional financial assets and decentralized systems. By partnering with industry leaders like Hashnote and BlackRock, the project leverages US Treasuries and other real-world assets to strengthen the stability of USD0.
Partnerships with DeFi platforms including Curve, Pendle, Morpho, and Ether.fi allow USUAL to offer efficient yield strategies and liquidity solutions. The use of tokenized real-world assets makes traditional financial products accessible within DeFi.
Integrating institutional assets with cutting-edge decentralized technologies enhances the stability and utility of the USUAL ecosystem, helping to create a more inclusive and sustainable financial environment.