Usual Protocol, a decentralized finance (DeFi) stablecoin issuer, responded to community backlash on Friday, Jan. 11, after its staked stablecoin USD0++ sharply depegged from $1. On Jan. 9, USD0++ dropped as low as $0.89 before reaching $0.92, follow

Usual Protocol, an up-and-coming decentralized finance (DeFi) protocol that has seen a remarkable rise over the past months, faced community backlash on Friday after a tweak in the protocol's yield-generating token triggered a sell-off on secondary m

It's Friday! With the weekend just around the corner, settle in as we get you up to speed on some usual—and unusual—news in the crypto space. In today's newsletter, a Usual Money update sparks community criticism, the UK clarifies its crypto staking

Usual Money’s staked USD0 token dropped 8.5% from $1 to $0.915 via decentralized exchanges on Friday following the protocol’s dual exit update.While Usual’s USD0 is a U.S. Treasuries-backed stablecoin, currently still pegged to $1, the liquid staked

Usual, a decentralized finance (DeFi) stablecoin issuer, unveiled a major update to its USD0++ protocol on Jan. 9, introducing dual exit mechanisms designed to improve the long-term sustainability of the token.The changes are part of a broader strate