Usual announces integration of USDtb and sUSDe as a core part of its future business strategy

According to the official Odaily of Ethena Labs, Usual, a stablecoin issuance protocol, announced today that it will integrate USDtb and sUSDe as a core part of its future business strategy. After Ethena Labs released USDtb, Usual has reached an agreement with Ethena to accept USDtb as collateral and subsequently migrate part of the supporting assets of the stablecoin USD0 to USDtb. In the coming months, Usual will become one of the largest minters and holders of USDtb. As part of this cooperation, Usual will set up an sUSDe vault for holders of the bond product USD0++, allowing Usual users to receive sUSDe rewards while continuing to maintain basic exposure to Usual. This will create a synergistic effect, allowing Usual users to take advantage of Ethena's rewards while increasing Ethena's TVL. Finally, Usual will incentivize and enable zero-fee USDtb-USD0 and USDtb-sUSDe exchange venues to increase liquidity between these core assets. Subject to approval by the Ethena Risk Committee, a portion of the Ethena Reserve Fund may be allocated to USD0++ and will support Usual’s priority Ethena products built through mutual incentives and other levers.