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January 20, 2025

🔥 Usual Protocol (USUAL) and the Decentralized Stablecoin USD0: A New Era in Crypto Infrastructure

Discover how Usual Protocol is transforming DeFi with USD0, a decentralized stablecoin backed by real-world assets. Learn about its innovative products, partnerships, and the team behind the project.

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Usual Protocol is redefining the landscape of decentralized finance (DeFi) by bridging real-world assets (RWA) with blockchain innovation. With its flagship product, USD0, a decentralized stablecoin, Usual Protocol is setting new benchmarks in transparency, decentralization, and utility.

What is Usual Protocol?

Usual Protocol is a pioneering infrastructure project aggregating tokenized real-world assets (RWA) from institutional giants like BlackRock and Ondo Finance. The protocol introduces USD0, a decentralized stablecoin pegged to the USD, offering a wide range of applications across blockchain ecosystems.

Key Objectives:

  • Reduce reliance on centralized issuers.
  • Empower users with governance rights and revenue-sharing opportunities.
  • Enhance transparency through full collateralization with RWA.

Core Products

1. Fiat Stablecoin (USD0):

  • Pegged to USD and backed by real-world assets like U.S. Treasury bonds.
  • Use Cases:
    • Payments.
    • Trading.
    • Collateral for lending/liquidity protocols.
    • Yield generation through RWA-backed lending.

2. Liquid Staking Token (USD0++):

  • Mechanism:
    • Stake USD0 to receive USD0++ at a 1:1 ratio.
    • Earn yields from RWA and staking rewards.
  • Benefits:
    • Maximizes user rewards within the Usual Protocol ecosystem.

3. Governance Token (USUAL):

  • Utility:
    • Grants governance rights for managing reserve funds.
    • Staking USUAL unlocks additional rewards and earnings from USD0++.
  • Incentives:
    • Users are rewarded with USUAL tokens through participation in ecosystem activities.

Why USD0 Stands Out

Comparison to Traditional Stablecoins:

  • Decentralized & Transparent:
    • Fully collateralized by real-world assets like U.S. Treasury bills or repurchase agreements.
  • No Dependence on Commercial Banks:
    • Removes systemic risks tied to fiat-backed stablecoins.
  • High-profile Collaborations:
    • Partnerships with BlackRock, Ondo Finance, and Curve Finance bolster its credibility.

USUAL Token Overview

  • Ticker: USUAL
  • Blockchain: Ethereum (ERC-20).
  • Total Supply: 4 billion tokens.
  • Distribution:
    • Primarily through Binance Launchpool and airdrops to early adopters.

Funding and Backers:

  • Raised $18.5 million from over 200 investors.
  • Lead Investors:
    • IOSG Ventures and Kraken Ventures.

Team Highlights

The Usual Protocol boasts a team of seasoned professionals with expertise in DeFi, blockchain, and traditional finance:

  • Pierre Person (CEO): Former French Member of Parliament, specializing in policy and regulation.
  • Adli Takkal Bataille (DEO): DeFi OG Liquid fund manager.
  • Hugo SallĂ© de Chou (COO): FinTech entrepreneur and founder of Pumpkin app.
  • Manfred Tourron (CTO): Blockchain expert with prior roles at Tendermint and Scaleway.
  • Pete (CFO): A decade of financial analysis experience at BNP Paribas.
  • Allan Floury (VP Product): Developer with expertise in Cosmos and StarkNet.

Future Potential

Usual Protocol and USD0 represent the fusion of traditional finance and decentralized finance, offering unparalleled transparency, efficiency, and accessibility. With its robust team, strategic partnerships, and innovative products, Usual Protocol is positioned to lead the next wave of stablecoin adoption and blockchain growth.

Disclaimer

This content is for informational purposes only and does not constitute financial or investment advice. Please consult a professional advisor before making any investment decisions.

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