Fully backed by U.S. Treasury Bills and reverse repurchase agreements.

What is the USD0 market cap?

The USD0 market capitalization is approximately $558M as of 3 May 2026.

Usual USD (USD0) by Usual Protocol

USD0 Usual USD active Rwa Backed USD

Issued by Usual Protocol · Launched 2024

Market Cap $558M

Usual USD (USD0) is a stablecoin by Usual Protocol, pegged 1:1 with the US dollar, backed by U.S. Treasury Bills.

90-day market cap↓ $578M → $558M

Backing	Fully backed by U.S. Treasury Bills and reverse repurchase agreements.
Auditor	Cohen & Company
Redemption	Conditional and unconditional exit mechanisms for USD0++ with varying redemption terms.
Peg Currency	USD
Launched	2024

Ethereum

$558M 100.0%

Defi CollateralTrading

Usual USD (USD0) is a stablecoin issued by Usual Protocol, designed to maintain a 1:1 peg with the US dollar through backing by real-world assets.

USD0 is fully backed by short-duration U.S. Treasury Bills and reverse repurchase agreements, ensuring liquidity and stability.

The reserves are audited by Cohen & Company, with regular third-party attestations of holdings.

USD0 operates on the Ethereum mainnet, utilizing the ERC-20 token standard.