Finance Protocol Usual Introduces Stablecoin Backed by Real-World Assets
Summary
Usual has launched USD0, a stablecoin backed by real-world assets, and a governance token, USUAL, allowing users to participate in network decisions. The stablecoin aims to address issues in the stablecoin market by redistributing profits to the community. Ethena Labs also introduced USDe, a synthetic dollar, offering yields through staking and shorting ether futures. Usual is led by CEO Pierre Person, who emphasized the need for transparency and equitable value distribution in stablecoin models.
