Usual is a decentralized Fiat Stablecoin issuer that redistributes ownership and governance through the $USUAL token.

$USUAL is the governance token powering the Usual protocol. It gives users ownership and governance over the infrastructure and treasury. Uniquely designed with an intrinsic value tied directly to the protocol's revenue model, $USUAL drives the adoption and use of USD0, aligning incentives for contributors and fueling protocol growth. Its innovative distribution model sets the stage for new DeFi possibilities, accelerating ecosystem expansion and sustainable decentralization.

The protocol is structured around three tokens:

• USD0 is a stablecoin fully backed by short-term, liquid and risk-free assets, ensuring no exposure to banks or counterparty risks, while being composable, permissionless, and transparent within the DeFi ecosystem.
• bUSD0 is the USD0 bond token, distributing rewards in the form of $USUAL tokens.
• $USUAL rewards the growth of USD0, its adoption, and its usage within the ecosystem. $USUAL acts as ownership on the protocol's revenue - a governance token backed by real cash flows.