Binance has announced a new crypto investment through its investment arm, while Bitcoin (BTC) 
$62,415 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.”
