🔮 USUAL is a legal, secure, and decentralized stablecoin issuer that redistributes ownership and governance through $USUAL tokens.🚀

Usual is a multi-chain infrastructure that aggregates the growing supply of tokenized real-world assets (RWA) from entities such as BlackRock, Ondo, Mountain Protocol, M0, or Hashnote, turning them into composable, on-chain verifiable, permissionless stablecoins (USD0).

They are often built around the redistribution of power and ownership between users and third parties, similar to the scenario where Tether's TVL providers own the company and its associated revenue.

✅️Usual's Vision

🔥Rebuilding Tether on-chain: Neutrality and TransparencyCryptocurrencies require a stablecoin backed by fiat money entirely on-chain, supported by infrastructure that ensures greater neutrality, transparency, and security.

Usual introduces a model designed to rebuild Tether entirely on-chain. In this system, the issuer is controlled by holders of the Usual governance token.

This includes decisions on risk policy, the nature of collateral, and liquidity incentive strategies.

Fiat-backed stablecoins should be kept away from bankruptcy Fiat-backed stablecoins are partially backed by reserves held by commercial banks.

This makes them subject to the fractional reserve practices of these banks, which undermines the security and stability of stablecoins. The recent collapse of SVB Bank highlights the systemic risk that commercial banks pose to DeFi due to the lack of collateralization.

The $USUAL token will play an important role in decision-making processes within the platform, for example by enabling arbitrage of its tokenized treasury bills or other improvements to the risk management strategy.

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