DeFi Intel

Usual protocol

defi-stablecoin · PageRank 0.0000

Source: usual.money

Overview

Usual is a decentralized finance protocol that issues USD0, a stablecoin fully backed by tokenized US Treasury bills (real-world assets). It allows permissionless minting and redemption of its stablecoin, with reserves held 1:1 in the underlying T-Bill collateral.

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Frequently asked questions

What is Usual?

Usual is a decentralized finance protocol that issues USD0, a stablecoin backed by real-world assets and integrated with liquid staking tokens.

How does Usual's stablecoin minting work?

Usual allows permissionless minting and redemption of its stablecoin through over-collateralized positions.

What backs the USD0 stablecoin?

USD0 is backed by real-world assets and integrated with liquid staking tokens.