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Usual Overview
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About Usual
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.
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.
Usual Markets
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Usual Platforms
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Usual Market Data
The live Usual price today is $1.00 USD with a 24-hour trading volume of $76.83 USD. We update our USD0 to USD price in real-time. Usual is down 0.01% in the last 24 hours.
The current market cap is $560,651,045.90 USD, ranking #85 by market capitalization. The circulating supply is 561,368,598 USD0.