Gate News, March 4th — According to CoinMarketCap data, at the time of press, USUAL (Usual) is trading at $0.02, up 14.75% in the past 24 hours. The highest price reached $0.02, and the lowest dropped to $0.01. The current market cap is approximately $26.3 million, with a daily increase of $3.37 million.
Usual is a decentralized protocol that builds a distributed banking system. The protocol issues fiat-pegged stablecoins backed by real assets (RWA), combining the security of real assets with DeFi’s composability and liquidity. USD0 is Usual’s core stablecoin, fully supported 1:1 by high-quality short-term assets like U.S. Treasuries, providing a stable asset independent of traditional banking systems. Additionally, Usual involves users in protocol ownership through the USUAL governance token, with 90% of the protocol’s value flowing to the community. The protocol has been deployed on multiple blockchains including Ethereum, Arbitrum, Base, and Optimism, and is deeply integrated with over 30 projects such as Morpho, Curve, and Pendle.
Recent Important News about USUAL:
1️⃣ Security audit identified and addressed critical vulnerabilities
Usual protocol discovered a critical-level vulnerability through the Sherlock security bug bounty program, with a bounty of up to $16 million, demonstrating the protocol’s high emphasis on security. The public disclosure and proactive handling of this incident show that Usual follows industry-recognized standards for building user trust and maintaining secure operations. This transparent and responsible approach helps strengthen market confidence in the protocol’s robustness.
2️⃣ Infrastructure upgrade to expand application ecosystem
Usual protocol completed token launch using the M0 infrastructure, marking an upgrade in the protocol’s technical capabilities. This enhancement not only improves the protocol’s functionality but also lays a solid foundation for future ecosystem expansion, attracting more developers and users to participate in Usual’s ecosystem development.
3️⃣ Cross-chain deployment and ecosystem integration deepening
Usual has been deployed on major public chains including Ethereum, Arbitrum, Base, and Optimism, with deep integrations with over 30 projects such as Morpho, Curve, and Pendle. This multi-chain coverage and ecosystem expansion increase the usability and liquidity of the USD0 stablecoin, creating broader application opportunities for market penetration and value recognition.
This news is not investment advice. Please be aware of market volatility risks when investing.
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