Introducing USD0: Usual USD Fiat-Backed Stablecoin
USD0 is the first Liquid Deposit Token (LDT) offered by the Usual Protocol, representing a significant advancement in stablecoin technology. Backed 1:1 by Real-World Assets (RWA) with ultra-short maturity, USD0 ensures unparalleled stability and security.
Usual is revolutionizing the access to Real World Assets (RWA) for retail investors and DeFi users with our institutional-grade, yield-generating stablecoin.
USD0 is the world's first RWA stablecoin that aggregates various US Treasury Bill tokens, providing a secure, bankruptcy-remote solution unlinked to traditional bank deposits. USD0 is fully transferable and permissionless, ensuring seamless integration and accessibility within the DeFi ecosystem.
USD0: The Stability Asset of the Usual Protocol
USD0 is the cornerstone stability asset of the Usual protocol, offering constant redeemability and acting as a pure stablecoin. USD0 is named as such because it is a central bank money (M0) equivalent in the . It provides users access to a full money system that is not fractional. It serves as a safer and more transparent alternative to USDT and USDC, providing users with a reliable means of value storage and transfer.
Key Features and Benefits of USD0
Transparency and Trust: By maintaining real-time transparent reserves and avoiding fractional reserve practices, USD0 ensures users can trust in its value and stability, fostering a more secure and reliable DeFi environment.
Enhanced Security: USD0 offers a higher security standard compared to other fiat-backed stablecoins. Its real-time transparent reserves are fully collateralized by US Treasury Bills and repo, mitigating the fractional risks and potential bankruptcy issues associated with commercial banks.
Unified Liquidity: USD0's primary utility lies in unifying the liquidity of various deposits, creating a cohesive and efficient financial ecosystem within the protocol. USD0’s endgame is to be backed by cash equivalents from various different issuers.
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