Mark

This article is not written by me, it was sent to me by a friend, sharing it with everyone. At that time, Usual was launched, busy with training, and I didn't do much research on this project. Indeed, I missed it. Today I reviewed it myself, overall it should be good, let's see the situation after the pre-market trading ends before entering.
Usual is on Binance's pre-market trading, what is the $USUAL that is about to land on Binance spot? $USUAL: Decentralized Stablecoin RWA + Payment Concept. Binance Pre-Market Trading: Ends on December 17 at 17:00, then trades on the spot market. Pre-market trading has restrictions on buying and selling for each account, with a maximum of 40,000 coins allowed per account. After the pre-market ends, there will be no trading restrictions on Binance's spot trading, and trading volume will increase significantly; According to current Binance data, circulating market value is 256 million USD, FDV is 3 billion USD; 1. Business Model Launch of Stablecoin $USD0: Liquid Deposit Token (LDT) $USD0 is the world's first RWA stablecoin that aggregates various U.S. Treasury bond tokens. In simple terms, it chains existing RWA assets in the market, such as Hashnote, Ondo, and Blackrock, into a single asset $USD0; The underlying asset is U.S. short-term treasury bonds, why U.S. short-term treasury bonds? Because they have good liquidity, low risk, and no pressure to deal with; The more developed the RWA from Hashnote, Ondo, and Blackrock, the higher the TVL of $USUAL; 2. TVL Data $USUAL's current TVL is 858.41M USD; Protocol revenues (4Y) are 138.37M USD; $ONDO TVL is $173.52M. The U.S. short-term treasury bond market is a huge market, with the total scale of the U.S. Treasury market approximately 26 trillion USD, with a significant proportion represented by short-term treasury bonds; According to estimates from the Boston Consulting Group, by 2030, the market size of tokenized assets could exceed 16 trillion USD, which indirectly reflects the large scale and potential of the short-term treasury bond market; Data from June 2022 shows that BlackRock holds 314.3 billion USD in U.S. treasury bonds, making it the third-largest holder of U.S. treasury bonds, behind Vanguard Group and Fidelity. Imagine, the RWA of U.S. short-term treasury bonds, what about the staking scale? RWA assets can be linked to segments of old money funding, institutional funds, bank funds, government funds, ETF funds, and so on, it's hard to imagine how large the future market space is; 3. Team Background Pierre PERSON is the founder and CEO of Usual, a former French politician and member of the National Assembly (French Parliament). He recently served as vice-chairman of the French presidential party, leading the country's crypto asset legislation. Hugo Sallé de Chou is the co-founder and COO of Usual, a graduate of EDHEC Business School in France. Andrew Lafortezza is the head of sales at Usual and previously served as the head of partnerships at Perpetual Protocol. He graduated from the University of Richmond. Allan Floury is the vice president of products at Usual, graduated from Columbia University in the U.S.