Usual

Usual Protocol

Business Model
B2C
Total Funding
$7.0M
Last Round
$7.0M Venture RoundApr 2024
Rounds
1

About

Usual is a decentralized finance protocol that operates as a decentralized banking system and issues USD0, a fiat-backed stablecoin collateralized by real-world assets. USD0 is backed one-to-one by assets including U.S. Treasury bills and is designed to be transferable across DeFi. The protocol uses its USUAL governance token to let participants share in governance and the protocol's revenue model.

Summary

Usual is a Crypto & Web3 company. It has raised $7.0M in total across 1 round, most recently a $7.0M Venture Round round in Apr 2024. Investors include IOSG Ventures, Kraken Ventures and GSR.

Tech & App Stack

1 technologies & apps tracked

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Funding History

Venture RoundVenture RoundApr 2024
$7.0M

Investors

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