CandleFocus OKX Ventures officially announces investment in USUAL
2024-12-24
Author: Content Editor
OKX Ventures, the investment division of cryptocurrency exchange OKX, has invested in Usual Protocol, a decentralized stablecoin issuer backed by real-world assets. OKX Ventures aims to support blockchain startups with potential, and its portfolio includes projects in blockchain infrastructure, layer-2 scaling solutions, and DeFi breakthroughs. Usual Protocol distinguishes itself by incorporating US Treasury Bills, making its stablecoin safer and more dependable. Unlike conventional stablecoins, Usual shares earnings from stablecoin issuance with users, promoting wealth redistribution and creating a more inclusive financial environment. The USUAL token has a market cap of $635 million and has seen significant price growth. OKX Ventures' investment is expected to support the development of decentralized stablecoins and contribute to the expansion of the global DeFi market.
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