Usual Labs

About Usual Labs

Usual is a decentralized protocol functioning as a decentralized banking system. It issues USD0, a fiat-backed stablecoin collateralized by Real-World Assets (RWAs) like US Treasury Bills, aiming to combine the security of real assets with DeFi's composability and liquidity. Usual redistributes value back to the community, ensuring users become owners through governance and revenue-sharing via the $USUAL token, challenging the centralized models of traditional stablecoin issuers.

Products & Services

USD0:A stablecoin fully backed 1:1 by Real-World Assets (RWAs) like US Treasury Bills, offering a secure, permissionless, bankruptcy-remote alternative to traditional fiat stablecoins with a TVL of $553.43M and 101.21% collateralization.

USD0++:A liquid staking version of USD0, functioning as a savings account for RWAs with a 4-year lock-up, offering rewards and transferability.

$USUAL:The governance token of the Usual protocol, tied to revenue-sharing and designed to incentivize adoption and growth of USD0, with innovative DeFi distribution models.

Yield Optimizer:An upcoming product to enhance yield opportunities (details coming soon).

Specialties

Stablecoin Issuance Real-World Asset (RWA) Collateralization Decentralized Governance Revenue-Sharing Tokenomics Liquid Staking Solutions

Funding History

Debug: View Raw Funding Data

#	Type	Amount Fields	Date Fields	Investors
1	RT: Strategic Funding Round T: - FT: Strategic Funding Round	A: 7000000 MR: - FA: $7M FAN: 7000000	D: 2024-04-17 FD: 2024-04-17	14 investors

Strategic Funding Round Latest

2024-04-17

$7.0M

14 investors (Pro only)

Growth Metrics

+45%

Employee Growth

YoY

3.2x

Funding Growth

Last Round

12

Markets

Operating

10K+

Customers

Active

View 3 more growth metrics with Pro

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Mock Up

Team & Leadership

No team data available

Team information is not yet available for this company

Recent News

Usual Labs Announces New Product Launch

2 days ago

Company unveils innovative solution to transform the industry, expanding market reach and capabilities...

Leadership Team Expands with Industry Veteran

1 week ago

New executive brings 20+ years of experience to accelerate growth and strategic initiatives...

Company Recognized as Industry Leader

2 weeks ago

Receives prestigious award for innovation and customer satisfaction in competitive market...

Key Competitors

C1

Competitor Alpha

Series B · $50M raised

C2

Competitor Beta

Series C · $120M raised

C3

Competitor Gamma

Series A · $25M raised

C4

Competitor Delta

Seed · $10M raised