AVID3 reposted this
💥 This is just the beginning! Usual Labs has successfully raised $7M in a strategic funding and secured $75M in Total Value Locked (TVL). We're setting the stage for the launch of our innovative USD0 stablecoin in Q2 2024! At Usual, we believe that the value created by centralized fiat-backed stablecoins and governance should belong to the users. Our new DeFi USD-stablecoin, backed by Real-World Assets, is designed to align interests and usher in a new era for stablecoins. 🙏 We are immensely grateful for the overwhelming support from over 100 visionary investors. This strategic funding is led by IOSG Ventures and Kraken Ventures. Your belief fuels our journey towards a transparent and community-driven financial ecosystem. A huge thank you to all our investors including: Psalion, Hypersphere Ventures, LBank Labs, Mantle Network, Capsule Corp. Labs, TRGC, Public Works, Kima Ventures, GSR, Breed, Bing Ventures, AVID3, StarkWare, X Ventures, Flowdesk, Jeff K., Georgios Vlachos, Jason Ma, Jordi Alexander, Nicolas Bacca, Philippe Honigman, Sebastien Couture, Clément Lesaege, Spencer Noon, Jacek Czarnecki, Rand Hindi, Florian L., Gonzague Grandval, Nazim Morera, Sylvain Kalache, KaizenDAO, Christopher Grilhault des Fontaines, Clarisse Hagège, Réda Berrehili, Zohair Dehnadi,Ramzi Laieb, Fabien Donadey, Alexis Masseron, Jan Baeriswyl, Jocelyn Grosjean, Thomas Cherret, Baptiste Plancq de Funes de Galarza, and more to be announced. Your support propels us forward in our quest to redefine stablecoins. Positioned at the forefront of the $80T+ potential market cap for stablecoins, Usual is not just a stablecoin but a revolution in how financial inclusivity and efficiency are perceived. Join us as we redefine the world of finance! 🔗 Want to know more? Links in the comment. Make sure to follow our co-founders: Pierre Person, CEO, Adli TAKKAL BATAILLE, DEO, and Hugo Sallé de Chou, COO, as they lead this exciting venture. #DeFi #Stablecoin #Finance #Community #Decentralization #Revolution