As I expected, the first stress test of $usual ended successfully, and currently usd0++ has been re-pegged to 1. The trading volume reached a full 1B two days ago.

The current positive factors for the project include that USD0 is expected to be able to mine on other protocols later, and the project team hinted at mining use_corn on berachain and SonicSVM with emojis. Additionally, the project fee switch might be activated on January 7, which is also a positive for long-term holders.

I’m looking forward to them establishing Cex and other Dex trading pairs, or securing traditional funding, Payfi, etc., as that would be more meaningful and foster loyalty than cross-chain mining.

In the future, I probably won’t respond to the short-term price fluctuations of $usual anymore. This project intends to follow the entire bull market cycle like ethena_labs, and it's one of my bets on the stablecoin track. If I lose, I accept it; if I earn, I hope to make a big profit. However, for stablecoins to grow, they are destined to go through several cycles before their true vitality can be seen, so this betting experiment is bound to have a long duration.