Michael Eastwood

#usual
Usual0 and USDT have multiple differences; here are the specifics:
Issuance Mechanism
• Usual0: Issued by the Usual protocol, backed 1:1 by real-world assets such as very short-term RWA assets and government bonds.
• USDT: Issued by Tether Limited, claiming that its stablecoin is backed 1:1 by fiat currency or other assets, but the transparency and authenticity of the reserves have been questioned.
Asset Reserve Transparency
• Usual0: Through technologies like smart contracts, the asset reserve situation is relatively transparent, allowing users to better understand the composition and status of the underlying assets.

Usual Money has a relatively high level of credibility and professionalism to a certain extent, here is a specific analysis:
In terms of credibility
• Team Background: Its core members, such as CEO Pierre Person, who was a French parliament member and vice president of the presidential party, have extensive experience and connections in areas like cryptocurrency regulation. Many team members have backgrounds in traditional finance and cutting-edge DeFi technology.
• Asset Support and Compliance: The stablecoin usd0 is backed 1:1 by real-world assets such as U.S. Treasury bonds, and claims to be fully compliant. This asset support method enhances stability and credibility.

The Usual Money team mainly consists of members from France. Here is some information about key members of the team:
Core Members
• Pierre Person: Chief Executive Officer and Founder, born in 1989, former member of the French National Assembly, represented the party La République En Marche! founded by French President Macron, also held policy consulting roles related to fintech and cryptocurrency.
• Adli Takkal Bataille: Chief Operating Officer, a seasoned decentralized finance practitioner, previously a manager at the well-known Liquid Fund.
• Hugo Sallé de Chou: Chief Operating Officer, an entrepreneur in the fintech space, previously worked at Pumpkin (P2P payments).