# USD0: Usual USD

USD0 is Usual’s dollar stablecoin, collateralized by short-duration tokenized real-world assets, primarily US Treasury bills.

## Key details

- **Issuer:** Usual DAO
- **Reference currency:** USD
- **Backing model:** Cash and short-duration US Treasury assets
- **Created:** 2024-03-19

## About

Usual Labs was founded in France in 2022, followed by two years of research and security work before USD0’s 2024 launch. The protocol was designed to bring tokenized real-world collateral onchain while directing ownership and governance toward its community rather than a conventional issuer.

## Supported chains

- Ethereum
- Arbitrum
- Base
- BNB Smart Chain

- **Reference contract:** `0x73a15Fed60bF67631DC6cd7BC5B6e8Da8190aCf5` (Ethereum)

## Legal jurisdiction

France / decentralized protocol

Usual Labs is a French SAS. USD0 is issued by Usual DAO and backed through regulated third-party RWA tokenizers; it is not presented as an e-money token.

## Sources

- [Official site](https://usual.money/)
- [Usual](https://docs.usual.money/resources-and-ecosystem/fact-sheets/usual-products/usd0)
- [Usual USD0 fact sheet](https://docs.usual.money/resources-and-ecosystem/fact-sheets/usual-products/usd0)

This directory is for research, not an endorsement or an availability promise from Fiber. Stablecoin designs, reserves, networks, and redemption terms can change.

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Fiber is a financial technology company, not a bank. Banking services are provided by SSB, Member FDIC. Funds deposited at SSB are eligible for FDIC insurance up to $250,000 per depositor, per insured bank, subject to applicable limitations and FDIC rules.