News with the tag "Usual"

Usual Protocol has introduced a revenue-sharing model to stabilize its ecosystem following USD0++ depegging from $1.

On January 9, the stablecoin issued by Usual, USD0++, suddenly lost its 1:1 peg to the USD to around $0.937, with one USD0++ token now only redeemable for less than the expected $1. The sudden loss of stability compounds a rough start to the year that began with Usual’s token, once a market favorite...

Usual’s USD0++ staked stablecoin introduces dual exit mechanisms, prompting market volatility and significant community debate.

Yesterday at 7:00 AM UTC, the Usual protocol faced a significant stress test when a single whale’s trade on the secondary market triggered a large-scale USD0 sell-off. This event briefly disrupted the USD0 peg, causing it to dip to $0.99. However, the stablecoin quickly re-pegged to $1 within second...

Usual Protocol, a decentralized stablecoin issuer, has warned about instability in its USD0 asset-backed stablecoin. The protocol itself remains safe, though the stablecoin briefly slid to $0.99 due to secondary market activity. Usual Protocol warned that the de-peg of its stablecoin, Usual USD (USD...

Declining interest rates and increased regulatory clarity are expected to fuel a surge in venture capital investment in crypto startups over the next 12 months.

New data from market intelligence firm Santiment reveals one altcoin that has seen massive gains this year is rife with whale activity. In a new thread on the social media platform X, Santiment says that among altcoins with at least a $500 million market cap, tokenized artificial intelligence (AI) p...

While the broader crypto market faced significant turbulence this past week, a few tokens stood out by defying the downward trend. Among the top performers were newly launched tokens like $USUAL, $MOVE, and $HYPE, which maintained their bullish momentum. Even stablecoins showcased remarkable resilie...

A widely followed crypto analyst is issuing a new warning about the digital asset market during the final days of the year. The pseudonymous analyst known as Altcoin Sherpa tells his 234,800 followers on the social media platform X that the crypto market may experience wild price swings to close out...

The native token of a decentralized fiat stablecoin-issuing platform is rallying against the dipping crypto markets. Two days ago, the world’s largest crypto exchange by trading volume, Binance, added support for Usual Protocol ( USUAL ). “Binance is excited to announce that Usual (USUAL) will be ad...