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Usual Protocol: The Tether of DeFi?
A $17M-backed protocol building a composable stablecoin for the multi-chain era
In a sea of stablecoins, Usual Protocol isn't just issuing another pegged asset—it's fundamentally rewriting the ownership model. Imagine Tether, but owned by its liquidity providers and ecosystem partners. That's the thesis driving this 23-person team to $4.1M in revenue.
"Usual isn't building a stablecoin—it's building a stablecoin economy where TVL providers become owners, not just users."
The Protocol Architecture
Usual's multi-chain infrastructure transforms tokenized Real-World Assets (RWAs) into a composable stablecoin. Unlike traditional stablecoins that accrue value to a single issuer, Usual redistributes power and revenue to TVL providers and third-party integrators. This creates a flywheel where liquidity begets ownership, which begets more liquidity—a model that could disrupt the $100B+ stablecoin market.
Traffic & Growth Dynamics
With 41,548 monthly visits and 28% organic search traffic, Usual shows strong early traction. The 49% direct traffic indicates growing brand awareness—users aren't just discovering them, they're seeking them out. The top keyword 'usual' (14,910 monthly searches) suggests they're capturing mindshare, while long-tail terms like 'usual protocol' and 'usual defi' show they're building a distinct category.
The tech stack reveals a modern, scalable foundation: Bootstrap for UI, Vite for build optimization, and Framer for rapid prototyping. But the real innovation is economic: by aligning incentives between protocol, providers, and users, Usual creates a self-sustaining ecosystem where everyone wins—a stark contrast to extractive models that dominate traditional finance.
- Multi-chain infrastructure supporting composable RWA-backed stablecoins
- Revenue redistribution model mirroring Tether's ownership structure
- 23-person team with $17M in backing and $4.1M in existing revenue
- 49% direct traffic indicating strong brand recognition in early stages
Usual is the Tether of DeFi's future
If Tether captured value for shareholders, Usual captures value for the ecosystem—making it one of the most intriguing protocols to watch in 2024
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Usual Protocol
Usual is a multi-chain infrastructure that transforms tokenized Real-World Assets into a composable stablecoin, redistributing power and ownership to TVL providers and third parties, similar to Tether’s TVL providers owning the company and its revenues.
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About usual.money
Usual is a multi-chain infrastructure that transforms tokenized Real-World Assets into a composable stablecoin, redistributing power and ownership to TVL providers and third parties, similar to Tether’s TVL providers owning the company and its revenues.
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usual.money uses 11 technologies across their website including Google Fonts, HSTS, Framer, and more.
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Traffic & Audience
usual.money receives approximately 41.5K monthly visitors and ranks #556,837 globally. The website has a bounce rate of 36% with visitors viewing an average of 4.6 pages per visit. Users spend an average of 3:03 on the site.
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