The X platform account of Vivek Ramaswamy, co-leader of the U.S. government efficiency department DOGE, was hacked today. He issued a false statement claiming that the DOGE department had reached a cooperation with USUAL. Although the rumor was immediately refuted, the price of USUAL still hit a new record high, with a single-day surge of more than 30%. (Previous summary: USUAL's price on Binance "bounced the trend and soared by 25%" at the opening of the market. How powerful can it withstand the Fed's airdrop?) (Background supplement: $USUAL is listed on Binance's new coin mining Launchpool, pre-market market , What is the decentralized stablecoin protocol Usual? ) The governance token USUAL of the decentralized fiat stablecoin issuer Usual has continued to surge since its official launch in November. The X platform account of Vivek Ramaswamy, co-leader of the U.S. government efficiency department D.O.G.E. A statement was released last night, claiming that the D.O.G.E department has reached a partnership with USUAL to reduce the federal fiscal deficit and promote cryptocurrency initiatives: We believe this partnership will not only promote fiscal responsibility, but also promote greater financial inclusion... Together, we are committed to exploring new ways to harness the potential of digital currencies to achieve sustainable economic growth and stability. The price of USUAL rose after hearing the news. However, James Fishback, CEO of Azoria Partners, quickly refuted the rumors, saying that Vivek Ramaswamy had confirmed to him that his account had been stolen, and that DOGE’s cooperation with USUAL stated that it was a fraud. The fraudulent tweet has now been deleted. I just spoke with Vivek. He has been hacked. He is locked out of his account. This is a scam. — James Fishback (@j_fishback) December 20, 2024 But what is incredible is that after the rumor refuting statement was released, USUAL The price continues to soar, reaching a maximum of $1.6521 at 2 pm today, setting a new historical high. The highest single-day increase reached more than 30%. It only fell back in the past 2 hours and is now at $1.4485, an increase of 26% in the past 24 hours. What is Usual? Usual is a stablecoin protocol that launched USD0, a permissionless and fully compliant stablecoin backed 1:1 by real world assets (RWA), and USUAL, a governance token that allows the community to guide the network the future development of the road. USUAL recently announced the establishment of cooperation with Ethena and Securitize, launching the "Holy Triangle of Stablecoins" strategy, emphasizing liquidity, yield and combinatoriality, with the goal of reshaping the DeFi ecosystem. Core highlights include: Physical asset endorsement: accepting USDtb and BUIDL for the first time As collateral to achieve stability and high liquidity. Yield improvement: Create market-leading returns on stablecoins through RWA (real assets) and delta-neutral strategies. Combination interoperability: Achieve low slippage and efficient liquidity through the 1:1 exchange mechanism of USDtb, USD0 and sUSDe. Related reports The secret of BNB’s new high: the fierce currency listing effect on Binance Binance officially launched “Interest-earning Margin BFUSD” with an annualized return of up to 30%. What are the features and risks? Bull market boring? Receive these five "high-yield stablecoins" to teach you how to keep your funds from being idle! DOGE's efficiency department cooperates with USUAL to "confirm the false news", and the currency price still soars 30% to a new high." This article was first published on BlockTempo in the dynamic area. District Trend - the most influential blockchain news media).

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