$USUAL
What is USD0?
USD0 is the cornerstone of the Usual ecosystem and the world's first RWA stablecoin that aggregates various U.S. Treasury tokenized assets. This design makes USD0 a secure, bankruptcy-remote solution that does not rely on traditional bank deposits, thus avoiding the systemic risks that may arise from the traditional financial system.
USD0 is named with a '0' because it aims to be the equivalent of central bank money (M0) within the monetary protocol.
The main features of USD0 include:
(1) Fully transferable and permissionless: Ensures seamless integration and broad accessibility within the DeFi ecosystem.
(2) Versatility: Can be used as a payment tool, counterparty, and collateral.
(3) Transparency: Provides real-time updates on collateral information, enhancing user trust.
(4) Scalability: With a deeply liquid U.S. Treasury market backing it, it can theoretically scale to trillions.