Usual Launches USD0/USDC Liquidity Pool on Fluid, Offering Dual Yield for LPs

Usual Launches Dual-Yield USD0/USDC Pool to Liquid DeFi

On May 19, Usual, an RWA-backed stablecoin issuer, unveiled the addition of a USD0/USDC liquidity pool to Fluid, an effective capital allocation DeFi protocol. The new pool allows liquidity providers to earn both lending and trading APRs simultaneously — with rewards in USUAL tokens.

Fluid Architecture Facilitates Dual Yield Innovation

The integration takes advantage of Fluid’s cutting-edge architecture, which optimizes capital efficiency and maximizes liquidity ranges. The result is more liquid markets and tighter spreads on stablecoin trades, giving users improved execution on the USD0/USDC pair.

What sets this integration apart is Fluid’s relending mechanism. It gets the same deposited liquidity to do double duty — charging trading fees and lending out, effectively generating dual yields from a single position.

USD0: A Transparent, RWA-Backed Stablecoin

USD0 is a permissionless stablecoin backed by ultra-short maturity U.S. Treasury Bills. As opposed to regular stablecoins based on fractional reserve banking, USD0 avoids bank dependence and offers full collateral transparency, verifiable anytime by anyone.

Usual Protocol aims to eradicate the constraints of regular stablecoins like USDC and USDT by ensuring safety, decentralization, and value distribution to the community in direct form.

Leadership and Vision Behind Usual

Usual Protocol is led by Pierre Person, a French former legislator who is in charge of shaping France’s crypto regulations. Speaking of the protocol’s mission, Person pointed out the need for value models that are equitable in crypto:

“Existing stablecoin models lack transparency and fair value allocation, privatizing profits and socializing losses… Usual puts the power in the hands of the community instead.”

Expanding Ecosystem and Rising TVL

Launched in July 2024 alongside its liquid staking bond token USD0++, Usual allows users to stake USD0 for as long as four years in exchange for USUAL tokens. USD0++ is redeemable, synergizing staking rewards with liquidity.

By December 2024, TVL in Usual reached over $1.4 billion, placing it among the top five stablecoins. USD0 has a current TVL of $646 million and is ranked as the 10th largest by market capitalization on CoinMarketCap.

With the integration with Fluid, Usual continues to remain on its growth trajectory while giving DeFi-native incentives to a larger pool of liquidity providers.