USD0

Usual

$0.9991
0,10%
USD0ERC20ETH0x73a15fed60bf67631dc6cd7bc5b6e8da8190acf52024-05-23
Usual USD (USD0) is a transparent, RWA-backed stablecoin offering programmable access to tokenised U.S. Treasury assets within DeFi. Fully collateralised and redeemable, it enables seamless utility across decentralized markets while providing peg stability and institutional-grade transparency.

Usual USD (USD0) is a USD-pegged stablecoin issued by the Usual Protocol. It functions as the platform’s base-layer Liquid Deposit Token (LDT), fully backed 1:1 by short-term U.S. Treasury Bill tokens sourced from Real-World Assets (RWA), rather than traditional bank deposits. Designed to be permissionless and composable, USD0 enables seamless integration into the DeFi ecosystem while offering transparent and high-availability utility.

USD0 serves several key roles in the Usual ecosystem:

  • Payment and Collateral
    Used as a medium of exchange, trading pair, and collateral asset within the Usual Protocol and compatible DeFi platforms.

  • RWA Access Bridge
    Offers users programmable, permissionless access to tokenised U.S. Treasury yields via on-chain mechanisms.

  • Peg Maintenance and Redemption
    Users can redeem USD0 at a 1:1 ratio for underlying RWA through Usual’s mint and redemption interface, or trade USD0 for other stablecoins on secondary markets.

These interactions are governed by smart contracts and aim to maintain the peg through arbitrage, redemption, and real-time reserve transparency.

USD0 was launched by the Usual Protocol, a platform designed to bridge traditional finance and decentralized systems through RWA integration. The protocol supports institutional and retail participants alike with a focus on transparency and interoperability.

  • Blockchain
    USD0 is implemented as an Ethereum-based ERC-20 token, with similar deployments on chains like Arbitrum and Base.

  • Collateral Engine
    A mint engine backed by RWA reserves issues USD0 at a fixed 1:1 ratio against deposited Treasury-backed assets or via USDC through trusted collateral providers.

  • Redemption Flow
    Redemption can occur either via withdrawal of underlying RWA assets or through peer-to-peer exchanges on secondary markets and decentralized exchanges.

  • Reserve Transparency
    Reserves backing USD0 are monitored and reported in real time by institutional fund administrators to maintain peg integrity.