According to news on January 1, Usual officially issued a statement stating that yesterday (December 31, 07:00 am UTC) the Usual protocol experienced a large-scale sell-off of USD0 triggered by a single whale transaction in the secondary market, triggering users’ concerns about USD0 and Dollar anchor doubt. USD0 briefly fell to $0.99, experiencing some basis point deviation due to the ongoing sell-off, but quickly regained its full peg. All U.S. dollar stablecoins on the market will experience price fluctuations of several basis points around $1, which is a normal phenomenon brought about by the U.S. dollar stablecoin mechanism. USD0 can always redeem its underlying collateral at a 1:1 ratio to ensure the solvency of the Usual protocol. Redemptions are handled via smart contracts and are currently accessible to any whitelisted entity, with our ultimate goal being to make it completely permissionless. USD0 also has strong secondary liquidity. The secondary liquidity of collateral relies on tokenized RWA issuers. Usual chooses USYC, Ethena's USDTB, BlackRock's Securitize's BUIDL fund, Ondo's OUSG and other diversified options. assets, ensuring multiple exit routes and optimal liquidity. This event was a major stress test for the USD0 peg, and Usual remains strong and will always focus on the stability of the system.