Usual Labs, a stablecoin developer, announced on X platform that its stablecoin product, USD0, backed by real-world assets, has been launched.

Stablecoin developer Usual Labs previously raised $7 million in funding, with IOSG and Kraken Ventures leading the round. GSR, Mantle, Starkware, Flowdesk, Avi d3, Bing Ventures, Breed, Hypersphere, Kima Ventures, Psalion, Public Works, and X Ventures also participated.