A few hours ago, Binance Labs announced its investment in $USUAL, a decentralized stablecoin platform. This is not just an ordinary investment, but a major innovation in the field of stablecoins. With its unique design, Usual may redefine the future of the stablecoin market.
A new benchmark for decentralized stablecoins
@usualmoney is a decentralized stablecoin issuance platform, whose core product is the stablecoin $USD0, which is pegged to real-world assets (RWA). Compared with traditional stablecoins, the innovation of $USUAL is:
1. User-led governance:
Usual gives users more ownership and control through the governance token $USUAL, distributing 90% of profits to the community, promoting fairness and decentralization.
2. De-banking risk:
Traditional stablecoins like USDT and USDC rely on bank deposits, facing risks similar to the collapse of SVB bank. Usual provides collateral for $USD0 through short-term government bonds, avoiding the uncertainties of the traditional banking system.
The three major pain points of stablecoins, how does $USUAL solve them?
1. Users fail to share profits.
Tether and Circle generated over $10 billion in revenue in 2023, but users did not benefit from it. In contrast, the $USUAL model returns 90% of the income to the community through the governance token $USUAL, while providing governance rights and liquidity incentives.
2. RWA growth disconnected from DeFi
The real-world asset (RWA) market is rapidly expanding, but there are fewer than 5,000 mainnet holders in the DeFi space. RWAs are integrated into its stablecoin ecosystem, enhancing user engagement and promoting the fusion of DeFi and RWAs.
3. Banking risks and stability issues
Fiat-backed stablecoins rely on a fractional reserve model of banks, making them susceptible to fluctuations in the banking system. The USDO stablecoin is fully collateralized by short-term government bonds, with strict risk policies and an insurance fund, providing higher stability and security.
$USD0 is the $USUAL stablecoin, designed for payments, trading, and collateralization, suitable for retail users and the DeFi community.
Key features of $USD0
- Transparency: Real-time visibility of reserve assets.
- Security: Fully backed by U.S. Treasury bonds, with no banking risk.
- Composability: Unlicensed liquidity integration, suitable for seamless integration with DeFi.
- Efficiency: Fully collateralized, ensuring stability.
The holy trinity of stablecoins: The revolutionary model of $USUAL
$USUAL's decentralized model combines liquidity, yield, and composability, injecting new vitality into the stablecoin ecosystem. Binance's investment marks a significant turning point in the stablecoin field.
Conclusion:
As the demand for stablecoins continues to grow, new possibilities arise with $USUAL. By introducing decentralized governance, short-term government bond collateral, and profit sharing.
