TWO ALTCOINS WITH GREAT POTENTIAL
- Dec 22, 2024
- 2 min read

The stablecoin market is witnessing a groundbreaking evolution led by Usual, a highly liquid altcoin boasting a volume-to-market cap ratio of 222% and a fully diluted valuation of $6.3 billion. With over $1.2 billion in total value locked (TVL) through its USDO stablecoin, Usual is positioning itself as a transformative player in the decentralized finance (DeFi) landscape.
Redefining Liquidity and Yield
Usual integrates real-world asset (RWA)-backed stablecoins to unify liquidity and redistribute ownership. By combining USDO++ and sUSDe yields in a new vault product, Usual aims to deliver market-leading stablecoin yields. This setup leverages RWA alpha yield exposure and delta-neutral strategies, maximizing value for users across all market conditions. A 1:1 swap mechanism between USDtb, USDO, and sUSDe ensures strong peg stability, low-slippage transactions, and efficient liquidity, all supported by dual incentives from Usual and Ethena.

The Ethena Collaboration
Ethena brings a new dimension to DeFi composability with its delta-neutral strategies and synthetic dollars. By allocating reserves to USDO++, Ethena boosts Usual's TVL and liquidity adoption. In turn, Usual diversifies yield through USDtb and BUIDL, creating a resilient system that thrives in any market condition. This collaboration goes beyond a simple partnership, marking a milestone in DeFi innovation.
Unlocking the Future of Stablecoins
The partnership between Usual, Ethena, and Securitize represents a "Holy Trinity" of DeFi, setting new standards for liquidity, yield, and composability. Together, these pioneers offer a scalable, capital-efficient foundation with unmatched composability and pristine liquidity. Their innovations enable higher yields through the combination of USDO and sUSDe, unlocking seamless interaction across ecosystems and redefining stablecoin utility.
This marks the true Stablecoin Renaissance, where Usual’s forward-thinking strategies and collaborations create a dynamic and resilient ecosystem. As the market continues to evolve, Usual is not just adapting but leading the charge, shaping the future of decentralized finance with unparalleled innovation.
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