$USUAL Tether and Circle have generated over $10 billion in revenue by 2023, with valuations exceeding $200 billion. However, none of these assets are shared with the users who contribute to their success. Usual is designed to provide an alternative to fiat-backed stablecoins, privatizing the profits from customer deposits while socializing the losses. The centralized actors behind major fiat-backed stablecoins replicate the problematic structures of traditional banking, which is antithetical to the principles of decentralized finance.
Usual's goal is to create a fairer financial system by redistributing value and power more equitably among all users.
Usual's goal is to empower users to become owners of the infrastructure, treasury, and protocol governance. By redistributing 100% of the value and control through its governance token, Usual ensures that its community is in control.
The Usual protocol allocates governance tokens to users and third parties contributing value, realigning financial incentives and returning power to the participants in the ecosystem.
Coc reveals:
In Q1-2025, Usual will roll out a new feature that will drive growth and create scarcity for Usual. Stay tuned for an official announcement from the developer.
Follow Coc for more updates on Usual's development.