The research on Usual Money these two days makes me feel that it is not only a project, but also a revolution in the stablecoin track.
📌 What is Usual Money?
Usual Money is a decentralized fiat stablecoin protocol. Its core stablecoin USD0 is 1:1 supported by real-world assets (RWA) such as short-term government bonds to avoid bank systemic risks. Unlike traditional stablecoins, Usual distributes the proceeds back to the community, allowing users to truly participate in the value sharing of the protocol.
🔍 Core highlights analysis:
1️⃣ Disruptive innovation of stablecoin mechanism USD0: fully supported by RWA, not dependent on the traditional financial system, transparent and secure.
USD0++: Liquid pledge tokens with income, which can also participate in protocol dividends after locking. This makes me feel that this project is a bit like the combination of ONDO and Ethena, but its liquidity asset selection is more robust.
At present, the stablecoin market is dominated by USDT and USDC, which make a lot of money in a centralized issuance method, but users have no way to participate. Usual attempts to redefine the ownership of stablecoin income through RWA asset dividends.
2️⃣ Token economic model $USUAL governance token: The token design is linked to the protocol income, and the governance right is bundled with the income right, which can not only participate in management, but also enjoy the benefits brought by growth.
Dynamic deflation mechanism: As TVL grows, the token supply gradually decreases, protecting the rights and interests of long-term holders.
Compared with other RWA stablecoin projects, Usual's token design is obviously more focused on "long-termism". The governance incentive mechanism can attract more loyal and patient users.
3️⃣ Financing and team background Two rounds of financing totaled US$8.5 million, with support from top institutions such as IOSG Ventures and Kraken Ventures. The founder is the main promoter of French crypto asset legislation.
📈 Market data and price prediction TVL: US$360 million (benchmarked Ethena's 3.2 billion); expected opening price: 0.4-0.7U, FDV 1.6 billion US dollars. Token distribution: total 4 billion, initial circulation 494,600,000.
💬Summary Usual Money returns the stablecoin protocol revenue to the community. With decentralized governance, innovative token mechanism and RWA-supported stablecoin system, it is very likely to become the next dark horse in the stablecoin track!
#新币挖矿&盘前交易USUAL