📢 Gate Square Exclusive: #WXTM Creative Contest# Is Now Live!
Celebrate CandyDrop Round 59 featuring MinoTari (WXTM) — compete for a 70,000 WXTM prize pool!
🎯 About MinoTari (WXTM)
Tari is a Rust-based blockchain protocol centered around digital assets.
It empowers creators to build new types of digital experiences and narratives.
With Tari, digitally scarce assets—like collectibles or in-game items—unlock new business opportunities for creators.
🎨 Event Period:
Aug 7, 2025, 09:00 – Aug 12, 2025, 16:00 (UTC)
📌 How to Participate:
Post original content on Gate Square related to WXTM or its
Usual Money: Decentralization stablecoin innovation backed by RWA
RWA Decentralization stablecoin: The innovative journey of Usual Money
Stablecoins, as the cornerstone of the cryptocurrency industry, play a key role in large-scale payments and industry adoption. As of the end of July 2024, the total market value of stablecoins reached 168 billion USD, with the two major centralized stablecoins USDT and USDC accounting for about 90% of the market share.
The stablecoin market is highly profitable, with two major players generating over $10 billion in revenue and a valuation exceeding $200 billion in 2023. In the first quarter of 2024, one giant even recorded a profit of $4.52 billion. This monopoly on profits contradicts the spirit of cryptocurrency, thus giving rise to numerous decentralized stablecoin projects.
Decentralization stablecoins can be divided into three categories based on the collateral ratio: over-collateralized, equal-collateralized, and under-collateralized. However, the collateral for these projects is mostly crypto assets, which require complex mechanisms to cope with coin price fluctuations. Introducing real-world assets (RWA) as collateral can effectively solve this problem. In 2023, the growth of RWA on the blockchain exceeded 800%, showing great potential.
The Usual Money project introduces U.S. Treasury bonds as collateral while providing transparency and security based on Ethereum smart contracts, returning profits to the community and contributors. This design combines the 1:1 RWA characteristics of a centralized stablecoin protocol with on-chain security and transparency.
Project Background
In April 2024, Usual Labs completed a $7 million financing round with participation from several well-known investment institutions. Founder Pierre Person was a French politician who promoted the country's cryptocurrency asset legislation.
On July 10, the Usual mainnet was launched. As of August 6, the total value locked (TVL) of the project reached $146 million. The USD0 stablecoin is mainly traded in the USD0/USDC pool of a certain decentralized trading platform, with liquidity reaching $11.33 million. In addition, USD0 has approximately $30 million in collateral on a certain lending platform.
The project token $USUAL is scheduled to be launched in the fourth quarter of 2024, with 90% allocated to the community.
Mechanism Analysis
Collateral and Minting
USD0 is the first RWA stablecoin that aggregates various US Treasury bond tokens, which can be minted in two ways:
This design allows Usual to integrate RWA token liquidity from various platforms, addressing the challenges of RWA clearing in the secondary market and retail investors obtaining RWA returns.
Earning Mechanism
USD0++ is an appreciation-type treasury bond of USD0, while $USUAL is the governance and reward token of the protocol. Users can earn returns by staking USD0, choosing between USUAL token returns or basic interest guarantees. Regardless of whether USD0++ is obtained through primary issuance or the secondary market, holders have the right to receive USUAL tokens.
User Participation
Pills Activity Overview
Participation Steps
Phase 2 Event
On August 4th, Usual launched the second phase of the event, where users can earn Pills by completing tasks on the platform.
Through this innovative RWA Decentralization stablecoin model, Usual Money aims to provide users with a safer, more transparent, and profitable stablecoin option, while promoting further development in the cryptocurrency industry.