$USUAL
Usual is led by CEO Pierre Person, a former politician and member of the French National Assembly who spearheaded the country's cryptoasset legislation.
"Existing stablecoin models lack transparency and equitable distribution of value, privatizing their gains and socializing their losses, and going against the spirit on which web3 was built," Person said in the statement. "Usual is proud to address this gap by providing a permissionless, real-asset-backed stablecoin that shares our profits directly with the community and empowers our token holders to lead us into the future they see fit."
USUAL is not for sale.