USD0 is a stablecoin backed 1:1 by US Treasury Bills and repos, offering a high-security, yield-generating solution within the DeFi ecosystem. More
| Fully Diluted Valuation | $570.32M |
|---|---|
| 24H Trading Volume | $7.58M |
| 24H Low / High | $1.00 / $ 1.00 |
| Circulating Supply | 570.93M |
| Total Supply | 570.93M |
| Max Supply | ∞ |
| Categories | USD Stablecoin 6 more |
|---|---|
| Founder | Anonymous |
| Website | app.usual.money Whitepaper |
| Socials | 2 more |
| Chains | Ethereum Ecosystem 3 more |
| Explorer | Basescan 6 more |
| Contracts |
0x73a....0acf5
3 more
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| Name | Pair | OG Score |
|---|
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
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.
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.
The founders of USD0 are associated with the Usual Protocol, a team dedicated to revolutionizing access to real-world assets in the DeFi space.
Uniswap V3 (Ethereum), Pancakeswap V3 (Ethereum), Curve (Ethereum)Camelot V3
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