let's clear the misconception about $USUAL , USUAL issue stable coin, USUAL itself is not a stable coin. it's price can go beyond 1 dollar.
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Clearing a misconception about $USUAL
Many people think #USUAL as a token is a stable coin hence its value will remain stable at $1.
According to the @Usual Official whitepaper, the Usual Ecosystem is designed to provide stable coins USD0 and USD0++ for liquidity deposits and stacking. The USUAL token will be distributed as rewards for participation in the ecosystem.
So, the stable coins in the ecosystems are actually #USD0 and #USS0++ and not USUAL token which can go well above $1.
Another strong point of Usual ecosystem is that it is backed by a fund to keep the price of coins stable in the event things go south.
#BinanceAlphaAlert
#USUALTradingOpen
Many people think #USUAL as a token is a stable coin hence its value will remain stable at $1.
According to the @Usual Official whitepaper, the Usual Ecosystem is designed to provide stable coins USD0 and USD0++ for liquidity deposits and stacking. The USUAL token will be distributed as rewards for participation in the ecosystem.
So, the stable coins in the ecosystems are actually #USD0 and #USS0++ and not USUAL token which can go well above $1.
Another strong point of Usual ecosystem is that it is backed by a fund to keep the price of coins stable in the event things go south.
#BinanceAlphaAlert
#USUALTradingOpen
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