Usual USD (USD0) stablecoin analytics
USD0 is Usual's RWA-backed dollar, collateralized by tokenized U.S. T-bills and cash-equivalent products such as USYC, M, USTBL, and USDC.
Static Profile
Static stablecoin profile
Usual USD (USD0) static profile: governance model CeFi-Dependent; backing model Real-World Asset Backed; peg US Dollar.
AI summary / Updated Jun 3, 2026
an RWA-backed dollar layered several wrappers deep across USYC, M, USTBL, USDtb, and USDC, leaning on a strong permissionless redemption backstop. USD0 is a stablecoin backed largely by other tokenized instruments: Hashnote USYC, M by M0, Spiko's USTBL, Ethena's USDtb, and...
AI summary · drafted by claude-opus-4-8 · reviewed by @TokenBrice on Jun 3, 2026 · facts as of Jun 3, 2026
- Collateral
- Tokenized short-term U.S. Treasury bills and reverse repos, primarily via Hashnote USYC; also M by M0, USTBL by Spiko, and indirect USDC gateway liquidity
- Peg Mechanism
- 1:1 minting by depositing approved RWA tokens (e.g. USYC) directly, or depositing USDC via a gateway; redeemable 1:1 for underlying RWA assets via the DaoCollateral contract at any time; arbitrageurs enforce the peg
- Jurisdiction
- France
- Proof Of Reserves
- No proof-of-reserves entry in the static profile.
Snippet Answer
Is USD0 safe?
Pharos does not mark USD0 as absolutely safe. Static metadata says Usual USD uses a CeFi-Dependent governance model and Real-World Asset Backed backing, with live reserve feed configured; the main caveat is that freeze exposure is inherited through upstream collateral, custody, or wrapper dependencies. 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 usd0-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 Jun 3, 2026.
USD0 quick answers
What is Usual USD (USD0)?
USD0 is Usual's RWA-backed dollar, collateralized by tokenized U.S. T-bills and cash-equivalent products such as USYC, M, USTBL, and USDC. The static profile records its US Dollar peg mechanism as: 1:1 minting by depositing approved RWA tokens (e.g. USYC) directly, or depositing USDC via a gateway; redeemable 1:1 for underlying RWA assets via the DaoCollateral contract at any time; arbitrageurs enforce the peg
What backs USD0?
Pharos classifies USD0 backing as Real-World Asset Backed. Collateral, per the static profile: Tokenized short-term U.S. Treasury bills and reverse repos, primarily via Hashnote USYC; also M by M0, USTBL by Spiko, and indirect USDC gateway liquidity Reserve evidence: live reserve feed configured.
Can USD0 be frozen or blacklisted?
Based on tracked contract metadata and blacklist coverage, freeze exposure is inherited through upstream collateral, custody, or wrapper dependencies. Live freeze and blacklist events for USD0, when applicable, appear in the dossier below.