Binance expands lending options with USUAL token and stablecoin investment.
As of Dec. 25, 2024, Binance announced that the Usual protocol (USUAL) token would be added as a new borrowable asset under its Pledged Loan program.
The move hopes to increase borrowing flexibility by enabling users to use assets from Binance Earn—Binance’s platform for earning rewards on crypto holdings—as collateral and benefit from real-time annualized returns.
The inclusion of USUAL into Binance’s flexible lending portfolio is in line with the platform’s growing focus on stablecoin innovation. Recently, Binance Labs invested in the Usual protocol, a decentralized stablecoin issuer backed by real-world assets. This partnership strengthens Binance’s commitment to incorporating cutting-edge technologies and assets into its ecosystem, offering further opportunities for users.
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