$USUAL TL;DR: Usual x Ethena x Securitize
A strategic partnership between Usual, Ethena, and Securitize, the tokenization platform for the BlackRock USD Institutional Digital Liquidity Fund (BUIDL), is reshaping DeFi by combining liquidity, yield, and composability.
What’s Changing for Users?
USDtb Collateral Integration: In the coming weeks, the combination of USDtb and BUIDL can be accepted as collateral for USD0, bridging TradFi-grade stability with DeFi innovation. It will provide Usual diversification of collateral and increase USD0 decentralization.
Maximized Yield Opportunities: USD0++ holders can access a 1:1 incentivized vault in USUAL and sats for sUSDe, unlocking higher yields through delta-neutral strategies and fully subsidized rewards. These vaults will be isolated and won't affect USD0++ backing.
Unmatched Composability: All these communicating layers show the real power of DeFi. Usual and Ethena aim to drastically improve the stablecoin landscape and provide users increased safety, composability, and profitability.
Enhanced Liquidity: A seamless 1:1 swap mechanism between USDtb, USD0, and USDe reduces reliance on secondary pools, ensuring strong peg and pristine liquidity as efficient capital flows between stablecoins and the rest of the market.
Yield and treasury diversification: Ethena will allocate a portion of its reserves to USD0++, driving adoption, increasing TVL, and expanding yield opportunities for users. Usual's collateral will diversify its yield sources through the integration of USDtb and BUIDL.