Usual USD

USD0 operates as a stablecoin, designed to maintain a stable value of $1. Its primary use case is for DeFi applications, where users can send, trade, lend, or provide liquidity on platforms like Curve. The stablecoin serves as a low-volatility asset within the crypto ecosystem.

USD0 is natively available on Ethereum and widely integrated across multiple decentralized finance platforms, including Curve.

USD0 is a token issued by Usual Protocol, a Fiat Stablecoin issuer, you can find the team in their About Us page. The team has been operating since 2022, with backgrounds from blockchain development, legal compliance, and strategic business operations.

USD0 is a stablecoin, backed by short-term US treasuries.

USD0 was launched in September 2024

The total supply of USD0 is dynamically managed based on demand and the amount of collateral backing it. USD0 maintains a market cap of over $6 million and offers deep liquidity on Ethereum-based DeFi platforms. It is fully backed by U.S. treasuries, and any increase in supply corresponds to deposits into the protocol’s treasury backing .