USD0
Usual USD
active
Fiat Backed
Market Cap $562M
Usual USD (USD0) is a stablecoin by Usual Protocol, pegged 1:1 with the US dollar, backed by real-world assets.
Key Data
| Backing | Fully backed by short-term U.S. Treasury Bills and overnight repurchase agreements. |
| Auditor | Cohen & Company |
| Reserve Reporting | On-chain verifiable reserves with real-time transparency. |
| Redemption | Redeemable at a 1:1 ratio for underlying RWAs through Usual Protocol's interface, with a liquidity buffer for 24/7 redemptions. |
| Peg Currency | USD |
| Launched | 2024 |
Supported Networks
EthereumBNB ChainArbitrumBase
Overview
Usual USD (USD0) is a stablecoin introduced by Usual Protocol, designed to maintain a 1:1 peg with the US dollar through full backing by real-world assets.
How It Works
USD0 is fully backed by short-term U.S. Treasury Bills and overnight repurchase agreements, managed through partnerships with institutional collateral providers.
Reserve Backing
The reserves are audited by Cohen & Company and held in bankruptcy-remote vehicles, ensuring security and transparency.
Supported Networks
USD0 is implemented as an ERC-20 token on Ethereum and is also available on Arbitrum, Base, and BNB Chain.