Usual Labs Secures $75M in TVL for USD0 During Private Phase

Usual Labs has secured $75 million in total value locked （TVL） for its USD0 stablecoin during the private phase, positioning it as a leading DeFi-native stablecoin.

Points

• Usual Labs secured $75 million in TVL for its USD0 stablecoin.
• The private phase demonstrated strong industry confidence in Usual’s potential.
• USD0 aims to challenge existing stablecoins with its DeFi-native approach.
• The public pre-launch phase is set for Q4 2024.

Usual Labs, a Real World Assets （RWA） infrastructure platform, has successfully secured $75 million in total value locked （TVL） for its USD0 stablecoin during the private phase. As an RWA infrastructure, Usual Labs aggregates real-world assets and bridges them with DeFi liquidity, ensuring safety, transparency, and verifiability.

The USD0 stablecoin is set to challenge industry giants and establish itself as the leading DeFi-native stablecoin. The successful private launch and substantial TVL commitments from web3 space leaders demonstrate the industry’s growing confidence in Usual’s potential to revolutionize the financial landscape and address key pain points.

Usual Labs is excited to advance towards its public launch in Q4 2024, inviting the broader community to join and participate in reshaping the future of finance. The public pre-launch phase will last for four months, giving participants the opportunity to be part of the airdrop scheduled for Q4 2024.

Explanation

• Total Value Locked （TVL）: The total amount of assets staked or locked in a DeFi protocol, reflecting the platform’s popularity and trust.
• Stablecoin: A type of cryptocurrency that is pegged to a stable asset, such as a fiat currency, to minimize price volatility.
• DeFi （Decentralized Finance）: Financial services and products that operate on blockchain technology, eliminating the need for traditional financial intermediaries.

Usual Labs’ impressive TVL achievement during the private phase highlights its strong position in the DeFi space, paving the way for a successful public launch and broader adoption of its innovative financial solutions.