Frequently Asked Questions about Usual Money
Everything you need to know about the Usual Money protocol, stablecoins, USUAL token, yield strategies and governance.
Usual Money is a secure, decentralized fiat stablecoin protocol that issues RWA-backed stablecoins and distributes ownership and governance via the USUAL token. The protocol collects yield from Real World Assets such as US Treasury bills and institutional money market instruments, then passes that yield on to protocol participants. In contrast to conventional stablecoin issuers that retain all yield internally, Usual Money shares value with its community through a tokenomics model — ensuring that as the protocol expands, its holders benefit proportionally.
Usual Money currently provides three base stablecoins: USD0 (US dollar–backed, collateralized by RWAs), EUR0 (Euro-backed, institutional-grade), and ETH0 (productive ETH exposure). Each base stablecoin comes with a savings variant — sUSD0 and sEUR0 — delivering risk-free yield, along with bond variants (bUSD0, bEUR0, bETH0) that provide up to 4.5% APY through long-term protocol alignment. Alpha variants (USD0a, EUR0a, ETH0a) offer boosted returns via delta-neutral strategies.
Usual Money maintains over 100% collateralization at all times. The protocol's TVL and collateralization ratio are openly tracked on Dune Analytics, Token Terminal and DefiLlama — anyone can verify the backing in real time. Collateral assets include institutional-grade instruments such as USYC (Hashnote), $M (M0 Foundation), and other RWA tokens. Smart contracts have undergone audits by leading blockchain security firms. The Usual Money Usual Success Module also displays TVL progression targets alongside trusted external benchmarks.
USUAL represents your on-chain stake in the Usual Money economy. It is automatically earned whenever you contribute to the growth of Usual Money's products. You may hold USUAL to own a portion of protocol value, or stake it to receive USUALx — unlocking full governance rights and a weekly USD0 revenue share when you lock USUALx. Key figures: the Protocol Treasury holds approximately $19.4M, Market Cap is around $21.1M, Buyback Power stands at 92%, and Staked Supply is approximately 47%. Staking APY is currently 14%.
USUALx is the staked form of USUAL. When you stake your USUAL tokens via the Usual Money interface, you receive USUALx in exchange. USUALx holders gain two primary benefits: (1) Governance rights — the ability to participate in protocol decisions and vote on proposals; (2) Weekly USD0 revenue share — a direct distribution drawn from the protocol's RWA-generated income. The locking mechanism further rewards long-term commitment, offering up to 29% APY on combined USUAL + USD0 rewards.