Revolutionizing Finance: Usual Labs Launches Public Pre-Launch Phase with $75m TVL Commitments
Paris, France, July 10th, 2024, Chainwire - Usual Labs, the pioneering company behind Usual, a groundbreaking protocol merging traditional and decentralized finance (DeFi) through its first USD0 stablecoin, has announced the start of its public pre-launch phase. Following a successful private launch that secured $75 million in Total Value Locked (TVL) commitments from over 180 prominent DeFi leaders and investors within a month, Usual is set to challenge industry giants and establish itself as the leading DeFi-native stablecoin.
Innovative Financial Solution
Usual stands as a secure, transparent, and decentralized platform that redistributes ownership and value through the USUAL token. Acting as a Real World Assets (RWA) infrastructure, Usual aggregates RWA and connects it with DeFi liquidity, ensuring RWA composability and integration within DeFi. The design of USUAL guarantees safety, transparency, and verifiability, offering infinite scalability while providing an alternative to fiat-backed systems.
Industry Confidence and Support
The successful private launch and significant commitments from key players in the web3 space demonstrate the growing confidence in Usual's potential to revolutionize the financial landscape. With industry leaders like Sam Kazemanian from Frax Finance, James Ross from Mode, and Michael Egorov from Curve backing Usual, the company is poised to challenge traditional financial systems and drive innovation in the DeFi space.
Future of Finance
As Usual Labs moves towards its public launch in Q4 2024, the company invites the broader community to participate in reshaping the future of finance. The public pre-launch phase will last for four months, offering participants the opportunity to be part of the airdrop scheduled for Q4 2024.
Analysis and Implications
For those looking to diversify their investment portfolio or explore innovative financial solutions, Usual Labs' USD0 stablecoin presents an exciting opportunity. By bridging the gap between traditional and decentralized finance, Usual aims to create a more equitable, transparent, and community-driven financial ecosystem. With a strong focus on user feedback and continuous improvement, Usual Labs is set to transform the world of stablecoins and redefine the way we interact with financial systems. Don't miss out on the chance to be part of this revolutionary journey towards a more inclusive and decentralized financial future.