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Usual USD (USD0) price
Data as of November 11, 2026, 02:11 UTC+3, the price refreshes on the page
Usual USD (USD0) is Usual’s dollar stablecoin backed by tokenized US Treasury bills.
- Market cap
- $538.2M
- 24h volume
- $1.05M
- Volume / market cap
- 0.20%
- Fully diluted value
- $538.2M
- Circulating supply
- 539.3 M USD0
- Total supply
- 539.3 M USD0
- Max supply
- no cap
- 24h range
- $0.9969 … $0.9986
- All-time high
- $1.33July 12, 2024
Analytics
What the numbers say about how the coin behaves. Based on hourly prices over 7 days and data as of November 11, 2026, 02:11 UTC+3.
Volatility
1%lowThe price barely moves, as a stablecoin should.
Dollar peg
$0.9979holdingNow 0.21% away from $1, at most 0.30% over 7 days.
Liquidity
0.2%thinA day’s trading equals 0.2% of market cap: a stablecoin is used for settlement, so heavy turnover is normal.
Market share
0.02%smallShare of the top-100 market cap.
What is Usual USD
Usual USD (USD0) is a stablecoin pegged to the US dollar and issued by the decentralized Usual protocol. Usual Labs was founded in France in 2022 by Pierre Person, a former member of the French National Assembly, together with Adli Takkal Bataille and Hugo Sallé de Chou. The USD0 contract went live on Ethereum in May 2024. The protocol is governed by its community through Usual DAO: holders of the USUAL governance token, launched in late 2024, vote on the rules.
USD0 is backed one to one by tokenized short-term US Treasury bills and reverse repo. Eligible collateral includes Hashnote’s USYC (with assets held at BNY Mellon), M from M0 and Spiko’s USTBL. The portfolio’s duration must stay under a third of a year. Only permissioned institutional participants can mint and redeem USD0 directly: they deposit tokenized T-bills and get the same tokens back on redemption. Everyone else can swap USDC for USD0 through collateral providers (for large orders) or trades it on decentralized exchanges. The token lives on Ethereum, Arbitrum, Base and BNB Chain.
USD0 is used to hold dollar value and settle trades in DeFi, as collateral, and as the base for Usual’s yield products: the sUSD0 savings token and the bUSD0 bond. Unlike USDT and USDC, where the issuing company keeps the yield on reserves, Usual shares it with protocol users and USUAL holders. The collateral sits on-chain as tokens and can be checked in real time, though the underlying bills are held by traditional financial institutions.
What it’s used for
- holding dollar value on-chain
- payments and swaps on decentralized exchanges
- collateral in DeFi protocols
- entry point to Usual’s yield products (sUSD0, bUSD0)
Risks
- reliance on the issuers of tokenized bills (Hashnote, M0, Spiko), their custodian banks and the protocol’s smart contracts
- the USD0 contract can blacklist addresses and pause transfers, and USUAL holders can vote to change the collateral rules
- only permissioned participants can redeem USD0 directly for collateral, so retail holders usually exit through exchanges where the price can drift from a dollar; in January 2025 a change to exit rules for staked USD0++ caused panic and pushed it below USD0
Contract addresses
Check the contract address before you buy or send: fake tokens copy the name and ticker, but their address is different.
Check a USD0 address before the deal
mexm AML shows where the coins came from: scams, darknet, mixers, sanctions. Networks: Ethereum (ERC-20). First check free.
Questions
How much is Usual USD worth today?
As of November 11, 2026, Usual USD trades at $0.9979. Over 24 hours the price moved +0.03%, over 7 days −0.07%. The price on this page refreshes automatically.
How many USD0 are in circulation?
539.3 M USD0 are in circulation. There is no maximum supply. The fully diluted value of all coins is $538.2M.
How is USD0 different from USDT and USDC?
USDT and USDC are issued by companies that hold reserves in their own accounts and keep the yield. USD0 is issued by the Usual protocol against tokenized Treasury bills visible on-chain, and the yield is shared among protocol participants.
Does USD0 pay interest?
USD0 itself works like a regular stablecoin and does not pay interest on balances by default. The protocol passes yield from its T-bill reserves through separate products, such as the sUSD0 savings token, whose value in USD0 rises over time.
How do I check a USD0 address for AML risk?
Open @AMLmexmBot, pick the network (Ethereum (ERC-20)) and send a wallet address or a transaction hash. The bot shows the risk score in percent and where the funds came from. Your first check is free.
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Prices and analytics are for information only and are not investment advice. Market data source: CoinGecko.