Binance has announced a new crypto investment through its investment arm, while Bitcoin (BTC) 
$94,197 was trading at $93,700, showing signs of a deeper decline. This drop was anticipated following Saylor’s recent purchase, yet historically, such declines have often reversed quickly, alleviating concerns for investors. The key question arises: which cryptocurrency has Binance chosen to invest in?
Surge of USUAL Coin
Over the past 27 days, USUAL Coin has surged nearly sevenfold, approaching $1.20 today, supported by Binance’s backing. Despite the overall negative market sentiment, this rise is associated with Binance Labs’ investment announcement. USUAL operates in a space that has gained popularity in recent years as an RWA-backed stablecoin issuer.
Innovative Strategy of USUAL
USUAL implements a new strategy that combines the security of real-world assets with the liquidity of DeFi. Alex, the Investment Director at Binance, stated:
“Stablecoins have long served as a gateway for new users into the crypto ecosystem, and Usual’s community-first approach sets a new standard for inclusivity and empowerment. At Binance Labs, we are searching for projects that bring meaningful innovation and expand the ecosystem, and Usual’s contributions in this area excite us.”
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
