CandleFocus It’s Not Unusual: Stablecoin Platform Altcoin USUAL Bucks Crypto Downtrend Following Binance Listing
2024-12-21
Author: Content Editor
The native token of a decentralized fiat stablecoin-issuing platform, known as Usual Protocol (USUAL), is experiencing a rally despite the overall dip in the cryptocurrency markets. The largest crypto exchange, Binance, recently added support for USUAL on various platforms. The Usual team aims to bring about a "stablecoin renaissance" by empowering the community and allocating the majority of tokens to users. The protocol's website states that USUAL serves as a governance token and facilitates the transformation of real-world assets into on-chain verifiable stablecoins. Currently, USUAL is priced at $1.43, showing a 17% increase for the day, while the total crypto market cap has decreased by 6%.
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