Usual's USD0/USDC Liquidity Pool Goes Live on Fluid DeFi: A Game-Changer for LPs!

Double the Yields, Double the Fun: Usual's Latest Move Shakes Up the DeFi Scene

Hang onto your hats, folks! Usual, the trailblazing RWA-backed stablecoin protocol, just dropped a bombshell on May 19 by launching its USD0/USDC liquidity pool on the Fluid DeFi protocol. This isn't just another pool; it's a golden ticket for liquidity providers to rake in not one, but two types of APRs – from lending and trading – plus some sweet USUAL rewards on top!

USD0-USDC DEX pool is now live on Fluid 🌊

Deposit into the pool and earn lending APR, trading APR and $USUAL rewards on top.

Boost your yields while backing @usualmoney USD0 liquidity pic.twitter.com/aswKVfaTu2

But wait, there's more! Fluid's cutting-edge architecture is the secret sauce behind this move. It fine-tunes liquidity ranges and turbocharges market efficiency for stablecoin trading. The result? Tighter spreads and smoother sailing for anyone dabbling in the USD0/USDC pair.

Here's where it gets wild: USD0 on Fluid isn't just another stablecoin. It's a double-dipping machine, thanks to Fluid's relending magic. Your deposited liquidity? It's working overtime, earning returns from both trading frenzy and lending action. That's right, LPs are now partying with dual yields from a single spot!

What's USD0 all about? It's a rebel stablecoin, backed by real-world assets like ultra-short maturity U.S. Treasury Bills. Usual Protocol birthed it to flip the bird at the likes of USDC and USDT, ditching those risky bank ties and fractional reserve games. And the best part? Full transparency on its collateral, so you can keep an eye on its backing anytime, anywhere.

Leading the charge is Usual Protocol's CEO, Pierre Person – a former French politician and National Assembly bigwig who helped sculpt the country's crypto laws. Talk about a power move!

Person isn't holding back: "Existing stablecoin models? They're a mess – no transparency, and they hoard their gains while passing the buck on losses. That's not what web3 stands for. Usual's here to shake things up with a permissionless, asset-backed stablecoin that splits the profits with our community and lets our token holders steer the ship."

Usual didn't stop at USD0. They also dropped USD0++, a liquid bond product, last July. Lock up your USD0 for up to four years, and watch the USUAL tokens roll in. And guess what? You can trade it on secondary markets, so you're not stuck – you get the best of both worlds!

Fast forward to December 2024, and Usual's TVL is soaring past $1.4 billion, rubbing shoulders with the top five stablecoins. Right now, USD0's TVL is holding strong at $646 million, making it the 10th biggest stablecoin by market cap on CoinMarketCap.