Usual Protocol has launched the USD0/USDC pool on the Fluid platform, offering users the ability to earn profits from trading and lending simultaneously.
Launch of the USD0/USDC Pool on Fluid
Usual, a stablecoin protocol, has launched its USD0/USDC pool on the Fluid DeFi platform. This launch allows liquidity providers to earn dual yields from trading and lending APRs while also receiving additional rewards in USUAL tokens.
Re-Lending Mechanism
USD0 stands out with its re-lending mechanism, allowing deposited liquidity to generate returns from trading activity and lending protocols simultaneously. This feature lets users enjoy dual yields from a single position.
Leadership of Pierre Person and His Vision
The project is led by Pierre Person, a former French politician who played a key role in shaping crypto asset legislation in France. Under his leadership, Usual Protocol aims to offer a more secure model for stablecoins than traditional ones like USDC and USDT. Person stated:
> "Existing stablecoin models lack transparency and equitable value distribution."
The launch of USD0 on Fluid reflects a broader industry shift where stablecoins are becoming a crucial part of global payment systems.
