PANews reported on December 20 that according to Binance's market data, USUAL briefly broke through $1.6 and is currently trading at around $1.51, up over 100% in the past week. Its current market capitalization is around $6.51 billion. The 24-hour trading volume/market cap ratio reached 232.04%.
According to James Fishback, the account of Vivek Ramaswamy, the co-leader of the U.S. government's DOGE department, has been hacked, and a false statement was issued claiming that the DOGE department has reached a cooperation with the stablecoin issuer USUAL to reduce the federal fiscal deficit and promote cryptocurrency initiatives. Fishback confirmed that this statement is false, and Vivek has been locked out of his account.
