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TechFlow news, January 10: Market data shows that USD0++, a locked-yield stablecoin issued by Usual, has significantly depegged, dropping to $0.9477.
USD0++ is a locked staking yield token (LST) fully backed by USD0, designed as a bond-like product with a four-year term. Its principal is 1:1 pegged and fully guaranteed by USD0, which is collateralized by U.S. Treasuries, while yields are distributed in USUAL tokens.
Market data shows that USD0++, a locked-yield stablecoin issued by Usual, has significantly de-pegged, dropping to $0.9477. USD0++ is a yield-bearing token (LST) fully backed by USD0, designed as a bond-like four-year product. Its principal is 1:1 pegged and fully collateralized by USD0, which is secured 100% by U.S. Treasuries, while yields are distributed in USUAL tokens.
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