Category USD0

Usual Protocol noted an arbitrage exploit, which swapped between USD0++ and USD0 on a 1:1 basis. The hacker later realized gains through Uniswap V3...

On January 9, the stablecoin issued by Usual, USD0++, suddenly lost its 1:1 peg to the USD to around $0.937, with one USD0++ token now only redeema...

Usual Protocol (USUAL) warned the recent de-peg of USD0 was not related to its protocol, but was due to slippage from a single whale trader.