Building Fair Stablecoins: Usual's Value Redistribution Model

In this episode of Stableminded, Building Stablecoins (presented by This Week in Fintech and Stablecon), Drew Rogers sits down with Pierre Person, CEO of Usual, to explore how they're building decentralized stablecoins that redistribute value back to users instead of concentrating profits with issuers.

"The idea of Usual since February is to redistribute the value generated to the token holders and to make sure that it's a fair way also to conceptualize the revenue of the protocol."- Pierre

Pierre reveals how Usual is challenging the traditional stablecoin model:

- Why stablecoin giants like Circle and Tether keep billions in yield that belongs to users
- How Usual's decentralized protocol redistributes 90% of value to token holders
- Their strategic M0 partnership for "pristine collateral"backed by US Treasury Bills
- Why governance tokens should represent actual revenue, not just speculation
- The challenge of balancing yield farmers vs long-term investors in DeFi
- How they're building beyond stablecoins into a complete DeFi ecosystem
- Why political vision matters in creating fair financial infrastructure

For builders: Usual Protocol demonstrates how to architect governance tokens that represent real cash flows and protocol ownership, not just voting rights. Their model shows how to capture and redistribute the $200B+ stablecoin market's yield generation.

Pierre's vision: A world where users, not corporations, capture the value from their deposits. Where stablecoins serve as infrastructure for a fairer financial system that redistributes wealth instead of concentrating it.

Current Usual Protocol metrics: $645.15M+ TVL, $25.45M revenue generated, 218.79K+ users, USD0 stablecoin with strong peg stability, strategic partnerships with M0, Chainlink, and LayerZero across 4+ chains.

Follow Usual on X: https://x.com/usualmoney
Follow Pierre on X: https://x.com/Pierr_Person
Learn more: https://usual.money
Usual Analytics: https://dune.com/usual_team/usual
M0.x Usual Analytics: https://dashboard.m0.org/extensions/usual

Season 4 of Stableminded, Building Stablecoins is proudly supported by M0. Learn more about how to easily deploy your own stablecoin at https://www.m0.org/

*Disclaimer: Stats and data shared in this video may have changed since the time of this recording. Please refer to official protocol sources for the most current information. Nothing in this video constitutes financial advice and is for education purposes. Always do your own research before making any investment decisions.