Stablecoin IssuerTokenization PlatformAdministratorProduction
Usual Labs
Paris, France · active since 15 Apr 2024 · France, European Union
Decentralized stablecoin issuer providing liquid institutional tokenized money (USD0) and fixed-income yield bonds (USD0++) backed by short-term cash equivalents and RWA collateral.
- Assets issued
- 2
- Servicing mandates
- 4
- Tokenized AUM issued
- $1.04B
- Networks
- 1
- Counterparties
- 1
- Activity score
- 50
Competitive position
Rank 19 of 95 issuers
This firm's share of tokenized fund and securities assets, and how its rank has moved in 30 days.
- Share
- 0.9%
- 30D share move
- -1bp
- Rank move
- ▼1
- Entered
- 01 May 2024
Shares counterparties with
Apparent diversification often collapses here: competing issuers frequently depend on the same transfer agent and custody stack.
Assets
Tokenized assets issued
| Usual USD0 Liquid Deposit TokenUSD0 | Stablecoin | $538.9M | -0.6% | 0.00% | Daily | France |
| Usual USD0++ Liquid Staking BondUSD0PP | Tokenized Treasury | $500.7M | -2.8% | 5.42% | Secondary market only | France |
Mandates
Assets serviced
Assets from other issuers that rely on this firm.
| USD0 | Administrator | Usual | $538.9M |
| USD0 | Tokenization platform | Usual | $538.9M |
| USD0PP | Administrator | Usual | $500.7M |
| USD0PP | Tokenization platform | Usual | $500.7M |
Total AUM touched across mandates: $1.04B
Timeline
Activity timeline
Everything we have tracked involving this firm, newest first.
No tracked events reference this institution yet.
Relationships
Counterparty map
Firms this one shares assets or providers with.
Exposure
By asset class
Stablecoin$538.9M
Tokenized Treasury$500.7M
Infrastructure
Network distribution
Assets issued by this firm, split by where the supply sits.
Ethereum$1.04B
