Usual is positioned as a stablecoin issuance protocol, and its underlying logic revolves around RWA collateral assets. This makes it fundamentally different from traditional fiat-collateralized stablecoins.
The relationship between Usual and RWA
Must be based on RWA collateral:
The issuance of USD0 needs to rely on RWA assets as collateral to ensure that its value is supported by real assets. Even if it is indirectly pledged through USDT or USDC, it will involve the intervention of third-party RWA service providers (such as asset custodians or on-chain RWA solutions).
Different from fiat-collateralized stablecoins:
Fiat-collateralized (USDT/USDC): Its value is supported by the reserves of fiat currency (such as the US dollar), rather than directly based on tokenized real assets.
RWA type (USD0): Its value is more directly linked to real assets (such as real estate, debt, gold, etc.), and the tokenization process of assets provides transparency and liquidity for on-chain operations.
Key Points:
Linked to real assets: The issued USD0 stablecoin is not purely backed by US dollar reserves like USDT or USDC, but requires RWA collateral to ensure that the value of the coin is linked to real assets.
Third-party services are required: Even if USDT or USDC is used as collateral to mint USD0, support from an institution that specializes in managing real assets is still required.
Purpose: Through the participation of RWA, stablecoins will be more "realistic" rather than just virtual assets on the chain, and in the future they will be able to connect the traditional financial market and the DeFi world.
Participation in mining time and pre-market trading time
Users can invest BNB and FDUSD into the USUAL reward pool on the Launchpool website after 08:00 (GMT+8) on November 15, 2024 to receive USUAL. The USUAL activity will last for a total of 4 days.
Pre-market trading will be available on November 19, 2024 at 18:00 (GMT+8) Usual (USUAL)#新币挖矿你参加了吗？
Summary
USUAL is an innovative path that combines real-world assets and blockchain technology. Its goal is to make stablecoins have both on-chain transparency and real-world asset support, and to explore new directions for the stablecoin market.
