Usual USD

Usual USD (USD0) is a stablecoin backed one-to-one by real-world assets, principally short-dated US Treasury bills, and serves as the core stability asset of the Usual protocol. It is designed as a fully transferable, non-fractional dollar independent of traditional banking rails, with real-time reserve visibility, positioning itself against reserve-holding incumbents like USDT and USDC by emphasizing transparency and on-chain accessibility of its backing.

How Usual redistributes Treasury yield to users

The distinguishing idea is redistribution: rather than the issuer keeping Treasury yield, Usual routes value back to participants through its governance and reward architecture, aligning the stablecoin with the users who provide its liquidity. That layered design is also the risk. Related instruments in the system, such as its bond-like tokens, have experienced peg and liquidity stress, redemption mechanics and governance decisions materially affect holders, and the model's stability under redemption pressure is less battle-tested than the incumbents it challenges. Custody and RWA counterparty risk sit underneath.

Who USD0 fits

USD0 fits DeFi users who want transparent, yield-linked dollar exposure and understand the surrounding protocol mechanics. Not a recommendation.

1. 1. Choose an exchange. Pick a reputable exchange that lists USD0 — among the venues we rate highest are Binance, OKX and Kraken.
2. 2. Create & verify your account. Register, enable two-factor authentication, and complete identity verification (KYC).
3. 3. Deposit funds. Add money by bank transfer, card, or a stablecoin, depending on what the exchange supports in your region.
4. 4. Buy USD0. Search for USD0, choose a market or limit order, enter your amount, and confirm.
5. 5. Secure your coins. For long-term holdings, withdraw USD0 to a self-custody wallet you control rather than leaving it on the exchange.

Compare venues in our independent exchange ratings. This is not financial advice.