Market Data & Token Stats
| Fully Diluted Valuation | $556.71M |
|---|---|
| 24H Trading Volume | $491,422 |
| 24H Low / High | $0.9976 / $0.9985 |
| Circulating Supply | 557.71M |
| Total Supply | 557.71M |
| Max Supply | ∞ |
Key Project Information
| Categories | Stablecoins 6 more |
|---|---|
| Founder | Anonymous |
| Website | usual.money Whitepaper 1 more |
| Socials | 2 more |
| Chains | Ethereum Ecosystem 3 more |
| Explorer | Etherscan 6 more |
| Contracts |
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OGAudit Security Evaluation & Social Audit Metrics
OGAudit Coin Evaluation Metrics
Usual USD (usd0) Expert User Reviews
Is Usual USD safe or a scam? Read verified Crypto OG reviews about Usual USD
$usd0 Markets
| Name | Pair | OG Score |
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About Usual USD
USD0 is an innovative stablecoin introduced by the Usual Protocol. Unlike traditional stablecoins, USD0 is backed 1:1 by real-world assets, specifically US Treasury Bills and repos. This backing ensures both stability and security, making USD0 a noteworthy player in the financial world.
Backing and Stability
One of the standout features of USD0 is its backing by ultra-short maturity US Treasury Bills. This means that every USD0 token is supported by real, secure assets, providing high stability. The use of these assets helps avoid the risks associated with fractional reserve practices, which are common in traditional banking systems.
Integration with DeFi
USD0 is designed to work seamlessly within the decentralized finance (DeFi) ecosystem. As a fully transferable and permissionless stablecoin, it enhances liquidity and financial efficiency in DeFi applications. This makes it easier for both retail investors and DeFi users to access and utilize stable, yield-generating assets.
Key Features
- Transparency: USD0 offers real-time transparency regarding its reserves, ensuring that users can trust the stability and backing of their tokens.
- Full Collateralization: It is fully collateralized by US Treasury Bills and repos, which means it avoids the risks linked with traditional bank deposits.
- High Security: The choice of collateral and the structure of USD0 aim to minimize counterparty and default risks, offering a secure alternative to commercial banks.
Conclusion
USD0 represents a significant advancement in the world of stablecoins, combining the reliability of US Treasury Bills with the flexibility and efficiency of DeFi. Its secure, transparent and fully collateralized nature makes it a promising option for those seeking a stable, yield-generating asset in the digital financial landscape.
What is unique about Usual USD (USD0)?
USD0 is unique for its 1:1 backing by ultra-short maturity US Treasury Bills, providing a high-security, yield-generating stablecoin that integrates seamlessly into the DeFi ecosystem with real-time transparent reserves.
Who are the founders of Usual USD (USD0)?
The founders of USD0 are associated with the Usual Protocol, a team dedicated to revolutionizing access to real-world assets in the DeFi space.
Where can I buy Usual USD (USD0)?
Uniswap V3 (Ethereum), Curve (Ethereum)Camelot V3
Information in this section carefully collected and curated from publicly available data from official sources, including the Usual USD Official Website, Usual USD Whitepaper and Usual USD X (Twitter) Account.
The information presented on this page is created and published by the OGAudit Editorial Team for educational and informational purposes. It should NOT be construed as an endorsement, or as legal, or investment advice. If you believe any content on this page is outdated or incorrect, please feel free to contact us for updates and corrections.