$USUAL Tether and Circle generated over 10 billion dollars in revenue in 2023, with valuations exceeding 200 billion dollars. However, none of this wealth is shared with the users who contribute to their success. Usual is designed to provide an alternative to stablecoins backed by fiat money that privatize the profits from customer deposits while socializing the losses. The centralized actors behind the major fiat-backed stablecoins replicate the problematic structures of traditional banking, which contradict the principles of decentralized finance.
Usual's approach aims to create a fairer financial system by redistributing value and power more equitably among all users.
The goal of Usual is to empower users to become owners of the infrastructure, treasury, and governance of the protocol. By redistributing 100% of the value and control through its governance token, Usual ensures that its community has the reins.