Stablecoin issuer ‘Usual’ faces sell-off after redemption update
On January 9th, a well-known DeFi stablecoin provider revealed a significant upgrade to their USD0++ system. This update introduces twin redemption methods aimed at enhancing the long-term durability of the token. The modifications are integral to a comprehensive plan aimed at harmonizing the secured stablecoin with its ambition to metamorphose USD0++ into a bond-like financial … Read more