Bond USD0 (bUSD0) quarantined stablecoin record
Live tracking temporarily paused
Temporarily withheld because permitted runtime sources do not provide a positive circulating supply or market cap.
Effective 2026-07-15; review due 2026-08-15
bUSD0 is Usual's bond-leg wrapper of USD0, splitting deposited USD0 into a fixed-notional bond token plus a separate early-exit right redeemable at maturity.
Static Profile
Static stablecoin profile
Bond USD0 (bUSD0) static profile: governance model CeFi-Dependent; backing model Real-World Asset Backed; peg US Dollar.
Variant Relationship
Bond USD0 (bUSD0) is modeled as a bond variant of Usual USD (USD0). Pharos treats parent stress, redemption, mint authority, and dependency context as relevant to this variant before interpreting its own live metrics.
AI summary / Updated May 15, 2026
bUSD0 is Usual's bond-leg wrapper of USD0; before maturity it behaves like a discount bond, not a spot dollar. bUSD0 is Usual's fixed-notional USD0 bond, formerly USD0++, with a June 11, 2028 maturity. It is backed by locked USD0 but does not behave like a spot stablecoin...
AI summary · drafted by claude-opus-4-7 · reviewed by @TokenBrice on May 15, 2026 · facts as of May 15, 2026
- Collateral
- Locked USD0 bond position backed by the Usual USD0 reserve stack; bUSD0 is the fixed-notional bond leg formerly known as USD0++
- Peg Mechanism
- Depositing 1 USD0 mints 1 bUSD0 plus 1 rt-bUSD0 early-exit right; before June 11, 2028 par redemption requires both tokens, while bUSD0 alone redeems 1:1 for USD0 at maturity and may trade below par before then
- Jurisdiction
- Not disclosed in the static profile.
- Proof Of Reserves
- No proof-of-reserves entry in the static profile.
Snippet Answer
Is bUSD0 safe?
Bond USD0 is not in Pharos's active universe. Temporarily withheld because permitted runtime sources do not provide a positive circulating supply or market cap.
Next Actions
This record preserves static and historical context; live actions are available only for active assets.
Source: checked-in StablecoinMeta profile fields. This inactive record does not participate in current live monitoring; the summary above was last updated May 15, 2026.
bUSD0 quick answers
What is Bond USD0 (bUSD0)?
bUSD0 is Usual's bond-leg wrapper of USD0, splitting deposited USD0 into a fixed-notional bond token plus a separate early-exit right redeemable at maturity. The static profile records its US Dollar peg mechanism as: Depositing 1 USD0 mints 1 bUSD0 plus 1 rt-bUSD0 early-exit right; before June 11, 2028 par redemption requires both tokens, while bUSD0 alone redeems 1:1 for USD0 at maturity and may trade below par before then
Is bUSD0 safe?
Bond USD0 is not in Pharos's active universe. Temporarily withheld because permitted runtime sources do not provide a positive circulating supply or market cap.
What backs bUSD0?
Pharos classifies bUSD0 backing as Real-World Asset Backed. Collateral, per the static profile: Locked USD0 bond position backed by the Usual USD0 reserve stack; bUSD0 is the fixed-notional bond leg formerly known as USD0++ Reserve evidence: live reserve feed configured.
Can bUSD0 be frozen or blacklisted?
Based on tracked contract metadata and blacklist coverage, freeze or administrative control exposure is possible but not fully confirmed. bUSD0 is outside active monitoring; this static record preserves the reviewed control context.