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PHAROSlive stablecoin signals

Bond USD0 (bUSD0) stablecoin analytics

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.

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.
Contracts
2 deployments tracked across Ethereum and Arbitrum.

Snippet Answer

Is bUSD0 safe?

Pharos does not mark bUSD0 as absolutely safe. Static metadata says Bond USD0 uses a CeFi-Dependent governance model and Real-World Asset Backed backing, with live reserve feed configured; the main caveat is that freeze or administrative control exposure is possible but not fully confirmed. Treat the live peg, liquidity, reserve, dependency, and Safety Score sections below as the current risk read.

Next Actions

Exact bot target: /subscribe dews,depeg,safety busd0-usual

Source: checked-in StablecoinMeta profile fields. Live price, supply, reserve, liquidity, event, and safety data load in the interactive dossier below; the summary above was last updated May 15, 2026.