USD0
Usual USD
active
Rwa Backed
USD
Market Cap $553M
Usual USD (USD0) is a stablecoin by Usual Protocol, pegged 1:1 with the US dollar, backed by U.S. Treasury Bills.
Key Data
| 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 |
Supported Networks
L1 EVMEthereum
Cross-Chain Supply (DefiLlama · $553M total)
Use Cases
Defi CollateralTrading
Overview
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.
How It Works
USD0 is fully backed by short-duration U.S. Treasury Bills and reverse repurchase agreements, ensuring liquidity and stability.
Reserve Backing
The reserves are audited by Cohen & Company, with regular third-party attestations of holdings.
Supported Networks
USD0 operates on the Ethereum mainnet, utilizing the ERC-20 token standard.
Other USD Stablecoins
Data source: CoinGecko ↗