USD0
Usual USD
active
Rwa Backed
USD
Market Cap $549M
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 | USD0 is a liquid stablecoin redeemable 1:1 for the underlying collateral (U.S. T-Bills / reverse repos) at any time. USD0++ (the separate locked/bonded version) has its own conditional and unconditional exit mechanisms that do not apply to plain USD0. |
| Peg Currency | USD |
| Launched | 2024 |
Supported Networks
L1 EVMEthereum
Cross-Chain Supply ($549M total)
Use Cases
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.
Other USD Stablecoins
Profile compiled from issuer disclosures, regulatory filings, press releases, and financial media. Market and on-chain data sourced directly or via third-party providers. See methodology.