Overview
USD0 is a permissionless stablecoin backed by tokenized Real World Assets — primarily short-term US Treasury bills — issued by Usual Protocol. Unlike USDC or USDT where the issuer keeps reserve interest, Usual distributes a portion of Treasury yield to USD0++ stakers and USUAL token holders. USD0 launched in mid-2024 and grew to $1.5B+ TVL within months by offering users a share of the reserve income that traditional issuers keep.
Who Created USD0?
USD0 was created by Usual Protocol and launched in 2024. It is a RWA-Backed stablecoin designed to maintain a stable value pegged to the US dollar.
Key Features
- +Revenue sharing model: stakers receive Treasury yield instead of issuer pocketing it
- +RWA backing through USYC provides institutional-grade Treasury bill exposure
- +USUAL governance token aligns protocol growth with user incentives
- +USD0++ automatic yield distribution without manual claiming
- +Grew to $1.5B+ TVL in under 6 months — strong product-market fit signal
- +Curve USD0/USDC pool among the fastest-growing stablecoin pools in 2024
Where to Use USD0
USD0 is available on Ethereum, Arbitrum. You can use it on centralized exchanges for trading, in DeFi protocols for lending and borrowing, or as a stable store of value to park funds between trades.
Official website: https://usual.money