Stablecoin record
USD0
USD-pegged stablecoin of the Usual ecosystem, backed by short-duration tokenized real-world assets such as sovereign debt instruments and designed for 1:1 minting and redemption through supported collateral pathways.
LifecycleActive
Events1
Sources4
| Symbol | USD0 |
|---|---|
| Asset class | Stablecoin |
| Reference target | Fiat |
| Redemption / exit model | Protocol Redemption |
| Valuation source | Usual RWA aggregator, collateral providers, and protocol accounting |
| Yield / rebase profile | No recorded change · Accrual: No recorded change |
| Classification notes | RWA-backed protocol stablecoin. Direct primary-market redemption and indirect USDC routing have different eligibility and minimum-size conditions. |
| Lifecycle status | Active |
| Issuance status | Protocol Based |
| Peg reference | Fiat · USD |
| Backing types | Government Securities, Tokenized Fund, Stablecoin Collateral, Mixed |
| Stabilization | Issuer Redemption |
| Governance | DAO Governed |
| Primary organization | Usual DAO / Usual |
| Primary role | Protocol Operator |
| Last reviewed | 2026-06-14 |
| Organization | Role | From | Until | Relationship status |
|---|---|---|---|---|
| Usual DAO / Usual | Protocol Operator | — | — | Active |
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Usual DAO / Usual
DAO and Protocol Ecosystem · Unknown
Event history
1 event connected to this stablecoin.
| Disclosure status | Protocol and Collateral Provider Disclosure |
|---|---|
| Backing types | Government Securities, Tokenized Fund, Stablecoin Collateral, Mixed |
| Summary | Usual documentation describes USD0 as fully collateralized by short-duration U.S. Treasury bills and equivalent sovereign instruments provided through tokenized-asset issuers, with an RWA aggregator and a dedicated insurance fund. |
| As of | 2026-06-14 |
| Profile confidence | High |
| Current status | Restricted |
|---|---|
| Settlement asset | Eligible tokenized Treasury assets through direct redemption or market/USDC routes through indirect liquidity |
| Eligible parties | Direct primary-market users must meet collateral-provider and compliance requirements. Smaller or non-eligible users generally rely on indirect protocol or secondary-market routes. |
| Retail access | Market or Indirect Protocol Based |
| Institutional access | Direct Primary Market Subject to Eligibility |
| Minimum amount | Official documentation identifies a 100,000 USD0 launch-phase direct-route minimum; current route-specific limits require ongoing verification. |
| Fee | Collateral-provider, swap, liquidity, bridge, and gas costs may apply. |
| Settlement time | Route-, collateral-provider-, protocol-, and network-dependent. |
| Regional limits | Direct collateral-provider access can require KYC/KYB or allowlisting., Eligibility varies by collateral provider and jurisdiction. |
| Section | Entries |
|---|---|
| Organizations | 1 |
| Sources | 4 |
| Reserve reports | 0 |
| Regulatory notes | 0 |
| Deployments | 4 |
| Issuer-control actions | 0 |
| Open questions | 2 |
| Events | 1 |
| Date | Event | Type | Detail kind | Recovered |
|---|---|---|---|---|
| — | Usual introduces the RWA-backed USD0 stablecoin | Launch | Reserve Change | — |
| Date | Publisher | Type | Assets covered | Record confidence |
|---|---|---|---|---|
| No reserve reports have been added yet. | ||||
| Date | Title | Authority / publisher | Type | Summary |
|---|---|---|---|---|
| No regulatory notes have been added yet. | ||||
| Chain | Standard | Deployment | Status | Freeze | Blacklist | Control events | Contract | Notes |
|---|---|---|---|---|---|---|---|---|
| Ethereum | — | Canonical Issuance | Active | Unknown | Unknown | 0 | 0x73A15FeD60Bf67631dC6cd7Bc5B6e8da8190aCF5 | Primary USD0 deployment and core issuance environment. |
| Arbitrum | — | Cross Chain Representation | Active | Unknown | Unknown | 0 | 0x35f1C5cB7Fb977E669fD244C567Da99d8a3a6850 | Official USD0 deployment listed by Usual. Issuance and collateral operations remain centered on the protocol's supported architecture rather than inferred from token presence alone. |
| Base | — | Cross Chain Representation | Active | Unknown | Unknown | 0 | 0x758a3e0b1F842C9306B783f8A4078C6C8C03a270 | Official USD0 deployment listed by Usual. |
| BNB Chain | — | Cross Chain Representation | Active | Unknown | Unknown | 0 | 0x758a3e0b1f842c9306b783f8A4078C6C8C03a270 | Official USD0 deployment listed by Usual. |
| Source | Publisher | Type | Evidence scope | Reliability |
|---|---|---|---|---|
| USD0 stablecoin overview | Usual | Protocol Docs | Usd0 Product Identity and Rwa Stablecoin Design | High |
| USD0 fact sheet | Usual | Protocol Docs | Usd0 Collateral Chains Contracts and Governance, Usd0 Contract Addresses | High |
| USD0 mint and redeem architecture | Usual | Protocol Docs | Usd0 Direct and Indirect Mint Redemption Routes, Usd0 Primary Market Minimum | High |
| USD0 RWA collateral | Usual | Protocol Docs | Usd0 Tokenized Rwa Collateral and Aggregator | High |
| Topic | What remains unclear | Priority | Last checked |
|---|---|---|---|
| Day Level Launch Date | Official materials establish USD0's 2024 launch and growth phase but a single durable day-level canonical launch date has not yet been fixed. | Medium | 2026-06-14 |
| Legal Issuer and Collateral Provider Roles | The current legal issuer, DAO, collateral-provider, custodian, insurance-fund, and service-provider relationships have not yet been separated into a complete organization-role map. | High | 2026-06-14 |