Binance Labs Invests in Usual to Transform Stablecoins with Community-Centric Innovation
Binance Labs has announced its investment in Usual, a decentralized stablecoin issuer backed by real-world assets (RWAs), to drive innovation and redefine the stablecoin landscape. Through its $USUAL token, Usual empowers its community by redistributing value and ownership, fostering a decentralized and equitable financial model.ï»żKey Highlights:Revolutionary Stablecoin Model:Usual introduces a stablecoin collateralized by RWAs, blending the security of real assets with the liquidity and composability of DeFi.This model mitigates banking risks and creates opportunities for shared rewards, governance, and value redistribution.Community-First Approach:Traditional stablecoin issuers often centralize liquidity; Usual disrupts this model by allocating 90% of $USUAL tokens to users, ensuring value circulates within its ecosystem.$USUAL, the governance token, ties its intrinsic value to the protocolâs revenue model, providing sustainable benefits to its holders.Support from Binance Labs:Binance Labs, known for supporting transformative blockchain projects, co-led Usualâs Series A funding round.This partnership will accelerate Usual's mission to push the boundaries of stablecoins, emphasizing inclusivity and community empowerment.Shared Vision for Stablecoin Evolution:Alex Odagiu, Investment Director at Binance Labs, stated:âStablecoins are pivotal in onboarding new crypto users, and Usualâs approach sets a benchmark for innovation. Weâre excited to back Usualâs mission to reshape stablecoins and expand the ecosystem.âPierre Person, CEO at Usual Labs, remarked:âBinance Labsâ commitment to transformative projects aligns perfectly with Usualâs vision. Together, weâll ensure the stablecoin market remains innovative and community-driven.â
Join the Binance Discord Christmas Challenges and Share $4,000 in BNB!
This is a general announcement. Products and services referred to here may not be available in your region. Fellow Binancians, As part of the Binance Christmas Calendar this year, join us on Binance Official Discord for a festive Engage-to-Earn campaign to win amazing rewards while spreading holiday cheer! Activity Period: 2024-12-18 12:00 (UTC) to 2024-12-27 18:00 (UTC) How to Earn Coins: Eligible verified users can earn âChristmas In-Server Coinsâ through daily interactions and challenges, including: Engage with the Discord Community: Participate in meaningful conversations with fellow Binancians! (Note: âGMâ or similar messages wonât count);Use Christmas-themed emojis to react to otherâs messages and spread the festive vibes around the server. Participate in Discord Daily Challenges: Take on 10 unique festive challenges to earn up to 200 coins daily.Challenges will be announced daily at 12:00 (UTC) and remain active for 24 hours. Reward Structure: The top 20 participants with the most coins on the leaderboard will share a total of $4,000 in BNB Vouchers.The higher a userâs rank, the larger their prize.To qualify, users must participate in at least 5 out of 10 challenges. Spread the Christmas spirit, connect with the community, and climb the leaderboard to earn your share of the rewards! Join Binance Discord Now Stay tuned for new opportunities to earn rewards this Christmas. To discover more promotions and surprises featured in the Christmas Calendar, please click here. Terms & Conditions: Only users who complete KYC by the end of the Activity Period will be eligible for any rewards.Winners will be announced in the #discord-news channel on the Binance Discord server before 2024-12-31. Voucher rewards will be allocated to usersâ Binance Wallets within 14 business days after the Activity ends. Eligible users can view their rewards by selecting Wallet > Distribution.Binance reserves the right to disqualify any participants showing any signs of fraudulent behavior immediately.Binance reserves the right to cancel any reward(s) if it determines in its sole and absolute discretion that such user or winner has breached any applicable terms and conditions.Binance reserves the right at any time in its sole and absolute discretion to determine and/or amend or vary these terms and conditions without prior notice, including but not limited to canceling, extending, terminating or suspending these Activities, the eligibility terms and criteria, the selection and number of winners, and the timing of any act to be done, and all Participants shall be bound by these amendments.Additional promotion terms and conditions can be accessed here.There may be discrepancies between this original content in English and any translated versions. Please refer to the original English version for the most accurate information, in case any discrepancies arise. Thank you for your support! Binance Team 2024-12-18
đ°đŻAmazon and XRP Payment Revolution - Amazon to Officially be Integrated by the XRP Ledger
The Implications of Amazon and XRP Partnership
đșMainstream Adoption One of the main reasons why a partnership between Amazon and $XRP is so exciting is the potential for mainstream adoption of cryptocurrencies. As one of the largest e-commerce platforms in the world, Amazon has the power to introduce millions of users to the world of digital assets. By allowing customers to pay with XRP, Amazon could help bridge the gap between traditional and digital currencies, making cryptocurrency more accessible to the average consumer.
đșFast and Low-Cost Transactions Another key advantage of using XRP for payments on Amazon is the speed and cost-effectiveness of transactions. XRP transactions settle in a matter of seconds, compared to traditional payment methods that can take days to process. Additionally, XRP transactions are known for their low fees, making them an attractive option for both merchants and customers.
đșThe Future of Digital Payments The potential partnership between Amazon and XRP could mark a significant shift in the way we think about digital payments. As more companies and individuals embrace cryptocurrencies, we are likely to see an increase in the use of digital assets for everyday transactions. By teaming up with XRP, Amazon would not only stay ahead of the curve but also set a new standard for online payments in the digital age.
In conclusion, the partnership between Amazon and XRP has the potential to revolutionize the way we make online payments. By integrating XRP as a payment option, Amazon could open the doors to mainstream adoption of cryptocurrencies and set a new standard for digital payments.
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