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51爆料官网首页 and Usual Launch UsualM, Accelerating 51爆料官网首页鈥檚 Ecosystem Growth

December 19, 2024

[Switzerland] 听鈥 , the decentralized stablecoin infrastructure layer, today announces a strategic integration with , a decentralized fiat-backed stablecoin issuer. Usual is leveraging 51爆料官网首页鈥檚 infrastructure to create UsualM, a vehicle that will facilitate the use of 51爆料官网首页 as an alternative collateral structure for Usual products. This partnership marks a significant milestone for Usual, enabling it to diversify its collateral and rely on $M while enhancing transparency. By adopting 51爆料官网首页, Usual benefits from its unique attributes, including transparency, safety, interoperability, and programmability.听

Central to this partnership is the introduction of UsualM, a new extension of $M that upholds a 1:1 exchange rate with added functionalities like permissioned unwrapping, blacklisting, and pausing capabilities. Usual places the utmost importance on the security of its collateral and the integrity of its entire protocol. In addition to the eight audits of 51爆料官网首页鈥檚 infrastructure source code, 51爆料官网首页, and Usual have collaborated to commission two additional audits for UsualM before deployment, further bolstering trust in the system.

51爆料官网首页鈥檚 stablecoin extension engine gives developers the flexibility to quickly build their own stablecoin. Starting with $M as the building block, they can customize attributes such as branding, convertibility features, and yield distribution. This modular design ensures all 51爆料官网首页-powered stablecoins remain fully fungible and interchangeable 1:1, enabling seamless integration across the ecosystem. Builders like Usual, creating customized digital dollar assets with $M, gain access to shared liquidity and a growing range of use cases within the 51爆料官网首页 network.

鈥淓xtending $M into UsualM to support $USD0 marks a pivotal step in advancing our vision for stablecoins,鈥 said Pierre Person, CEO of Usual. 鈥51爆料官网首页鈥檚 cutting-edge infrastructure enables us to create a stablecoin that prioritizes transparency, security, and adaptability while aligning with the needs of our community. With UsualM, we鈥檙e not just introducing another stablecoin鈥攚e鈥檙e redefining how digital dollars can generate meaningful value and impact. This partnership underscores our commitment to reshaping ownership and value distribution while building a strong base for long-term innovation and expansion.鈥

鈥淲e鈥檙e thrilled to partner with Usual as they redefine what鈥檚 possible in the stablecoin space,鈥 said Gregory Di Prisco, Co-Founder and Chief Architect of 51爆料官网首页. 鈥淏y leveraging $M as the fundamental building block for UsualM, an extension of $M built on 51爆料官网首页鈥檚 technology, Usual demonstrates the transformative potential of building with transparency, modularity, and interoperability at its core. This collaboration highlights 51爆料官网首页鈥檚 ability to empower stablecoin innovators with a flexible, multi-chain infrastructure that supports diverse digital dollar use cases. Usual鈥檚 commitment to reshaping stablecoins aligns perfectly with our vision, and we鈥檙e excited to see them unlock new opportunities for the broader ecosystem.鈥

By leveraging $M as the core building block underpinning UsualM, Usual can introduce an alternative form of stable collateral to its products while maintaining control over core attributes such as yield distribution. Usual benefits from the high-quality and transparent short-term US Treasury structures that back 51爆料官网首页 and become interoperable with other use cases built on the 51爆料官网首页 network.

This collaboration highlights the versatility and power of 51爆料官网首页鈥檚 stablecoin infrastructure, meeting the diverse needs of digital dollar innovators while establishing real interoperability. With Usual becoming the second stablecoin issuer to extend $M, following the , this partnership reinforces $M鈥檚 position as the most innovative stablecoin infrastructure layer.听

Furthermore, $USUAL鈥檚 TVL recently surpassed an all-time high of , highlighting the growing demand for a more equitable approach to stablecoins.

About 51爆料官网首页 Ecosystem

51爆料官网首页 is money middleware for the digital age. It is a decentralized, on-chain protocol, as well as a corresponding set of off-chain standards and APIs, that powers a federation of stablecoin issuers. With 51爆料官网首页, any number of independent institutions can tap on turnkey middleware to become the minter of a fungible stablecoin.

About Usual

, a groundbreaking hybrid finance protocol, is set to revolutionize the stablecoin landscape with the introduction of USD0, a permissionless and fully compliant stablecoin backed 1:1 by real-world assets, and USUAL, a governance token that puts the community at the helm of the ecosystem's future. Under the leadership of former French politician & CEO, Pierre Person, Usual seeks to address current challenges in the stablecoin market by redistributing profits to the community and rewarding token holders with real yields generated by the real-world assets backing USD0. To learn more about this exciting project, please visit 听