Usual is attempting to create a decentralized Tether: a stablecoin issuer that distributes treasury yield to stablecoin holders, and distributers ownership of the infrastructure through $USUAL.
USD0
USD0 is the flagship product of Usual backed exclusively by U.S. Treasuries with ultra-short maturity.
Currently USD0 is only mintable through using USYC as collateral.
USYC is Hashnote’s Short Duration Yield Fund investing primarily in U.S. Government backed securities. and revers
