Revolutionizing Finance with Usual Labs: The Path to Decentralized Stability
Usual Labs, the innovative company behind Usual, a pioneering protocol connecting traditional and decentralized finance (DeFi) through its initial USD0 stablecoin, is excited to announce the start of its public pre-launch phase. This significant milestone comes after a successful private launch where Usual Labs garnered an impressive $75 million in Total Value Locked (TVL) commitments from more than 180 prominent DeFi leaders and investors within a month.
Decentralized Stability
USUAL serves as a secure, transparent, and decentralized alternative to traditional stablecoins like Tether, redistributing ownership and value through the USUAL token. Functioning as a Real World Assets (RWA) infrastructure, it consolidates RWA and links it with DeFi liquidity, ensuring RWA composability and seamless integration within DeFi ecosystems. USUAL's architecture prioritizes safety, transparency, and verifiability, providing limitless scalability. By offering a community-owned alternative to fiat-backed systems, USUAL reshapes value distribution and ownership, empowering the community as stakeholders in the infrastructure.
Challenging the Status Quo
The USD0 stablecoin is positioned to challenge established industry giants and position itself as the premier DeFi-native stablecoin, presenting users with a secure and community-driven alternative to traditional financial frameworks.
Industry Endorsements
The successful private launch and substantial TVL commitments from key figures in the web3 space, including industry leaders like Sam Kazemanian from Frax Finance, James Ross from Mode, Michael Egorov from Curve, and others, exemplify the growing trust in Usual's capacity to transform the financial landscape and address critical industry challenges. This phase played a vital role in validating Usual's vision and cementing its leadership in the future of financial innovation.
Looking Ahead
Usual Labs is eager to progress towards its public launch slated for Q4 2024, inviting the wider community to engage and contribute to reshaping the financial future.
Public Pre-Launch Phase
The public pre-launch phase extends for four months, allowing participants to partake in the airdrop scheduled for Q4 2024.
Usual Labs Leadership Perspective
Pierre Person, CEO and Co-Founder of Usual Labs, expressed enthusiasm by stating, “The surge in Real World Assets (RWA), particularly on-chain US Treasuries, has showcased market demand. Usual provides an infrastructure that consolidates RWA liquidity while enhancing its integration with DeFi. Our goal is to completely redefine Tether on-chain. Driven by a commitment to decentralization, we aim to redistribute generated value to end users, ensuring that fiat-backed stablecoins align with crypto ideologies. We appreciate the tremendous support from our investors and early adopters during the private launch and eagerly anticipate introducing more users to the protocol's benefits.”
As Usual Labs progresses with its public pre-launch, the organization remains steadfast in fostering transparent communication with its community and empowering users to actively influence the financial landscape. The team is dedicated to iteratively enhancing the protocol based on user input, striving for a seamless experience for all participants.
Adli Takkal Bataille, Design Executive Officer, and Co-Founder, added, “We are thrilled to open our doors to the public and witness the impactful potential of the Usual protocol. Our objective is to establish a more equitable, transparent, and community-oriented financial ecosystem. This phase brings us closer to realizing that vision. Early adopters of the Usual protocol during this pre-launch stage will receive various rewards, so stay tuned for updates via official channels.”
For more details about Usual Labs and to engage in the USD0 public pre-launch, visit the official website of Usual Labs.
About Usual Labs
Usual Labs, founded in 2022 by Pierre Person, Adli Takkal Bataille, and Hugo Sallé de Chou, is the driving force behind Usual, an innovative protocol bridging the gap between traditional and decentralized finance through the USD0 stablecoin. Recognized for its commitment to creating a transparent, equitable, and community-driven financial ecosystem, Usual Labs is well-positioned with substantial industry support to revolutionize the stablecoin landscape.
