Usual
Usual issues USD0, a stablecoin fully backed by tokenized U.S. Treasury Bills, with a USUAL governance token that redistributes most protocol revenue to users.
What is Usual?
Usual is a stablecoin protocol that issues USD0, a dollar fully backed 1:1 by tokenized U.S. Treasury Bills and other short-duration real-world assets. Users mint USD0, stake it into USD0++ for yield, or earn the USUAL governance token, which redistributes 90% of protocol revenue back to holders. Built on Ethereum, the protocol holds around $100M in TVL and is integrated with Morpho, Pendle, Curve, and major centralized exchanges.
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Developer resources from Alchemy
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Usual alternatives
Explore web3 competitors and apps like Usual.
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SkyApp store listings are independently reviewed and written by Alchemy using a combination of inbound submissions, editorial research, public project sources, and third-party directories, including ecosystem data from The Grid under the Open Database License, DefiLlama, DappRadar, Reown, and chain ecosystem pages.
