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Home»Altcoins»Binance Launchpool announces support for new native token of decentralized Fiat Stablecoin issuer

Binance Launchpool announces support for new native token of decentralized Fiat Stablecoin issuer

Altcoins By Gavin16/11/2024
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Binance is the leading global cryptocurrency exchange by trading volume. It has now added support for a new decentralized stablecoin token.

Binance Launchpool allows users to stake their coins and farm new assets. says Usual will be its 61st stablecoin project. This is a token that redistributes protocol ownership through the native USUAL token.

Explains The project is underway.

Usual distributes generated wealth in an equitable manner, unlike Tether and Circle which, by 2023, generated more than $10 billion without sharing the wealth generated with its users. Usual, by integrating Real-World Assets straight into DeFi provides a secure, decentralized and transparent option that is aligned with principles of decentralized financial.

Usual also empowers its users to be true protocol owners. It is done by giving them the ability to manage the infrastructure and treasury through the Governance Token.”

Usual USD is already issued by the protocolUSD0It is a stablecoin whose goal it to keep a 1:1 dollar peg. It currently ranks 220th in terms of market cap.

From November 15th to 19th Binance will lock users’ accounts. BNB First Digital USD) (also known as First Digital USD).FDUSD(USUAL Airdrops) The asset will be listed on 19th.

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Source: dailyhodl.com

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