Usual announced the upcoming launch of USL to enhance the USD0++ and support the Usual ecosystem. The initiative aims to allow users to borrow USD0 at a low and predictable interest rate using USD0++ as collateral. This move is expected to increase liquidity, support parity, and benefit the community by stabilizing USD0++ when it trades below parity.

PANews reported on January 25 that Usual announced on the X platform that USL will be launched soon to strengthen USD0++ and support the Usual ecosystem. By allowing users to borrow USD0 at a low and predictable interest rate using USD0++ as collateral, USL will increase liquidity, support parity, and benefit everyone. USL allows users to borrow USD0 when USD0++ is trading below parity, which helps stabilize USD0++.

Usual to Launch USL for Strengthening USD0++ and Ecosystem Support