Usual (USUAL)’s performance against USDT (Tether) will depend on several criteria, including its adoption, technology, and how it addresses the challenges of the stablecoin market. Here’s a detailed analysis to assess whether Usual can outperform USDT:
Points in favor of Usual (USUAL)
1. Decentralization and transparency
Usual is designed to be decentralized, making it more transparent than USDT, which is often criticized for its lack of clarity about its reserves.
Users who care about transparency and security might prefer Usual.
2. Revenue sharing
Usual redistributes a portion of its income to its holders, providing a passive return. This model can attract long-term investors and strengthen its user base.
3. Adoption via Binance
Launching directly on Binance, one of the largest crypto platforms, gives Usual immediate visibility and increased liquidity.
This gives it an advantage to compete with USDT upon launch.
4. Ethereum based technology
Usual uses a smart contract on Ethereum, ensuring high interoperability and security.
Ultimately, this could allow for easier integration into DeFi projects, where users are looking for reliable stablecoins.
5. Limitation de la supply
Usual has a limited total supply (4 billion), unlike USDT which has no defined limit. This scarcity could, in time, strengthen its perceived value.
Challenges to Overtake USDT
1. Market Domination by USDT
USDT is currently the most widely used stablecoin with over 60% dominance of the stablecoin market.
Its liquidity, mass adoption, and acceptance across all major platforms make it a leader that is difficult to dethrone.
2. Perceived reliability
Despite criticism, USDT remains viewed as reliable by many investors due to its proven stability in times of intense volatility.
Usual will have to prove it can maintain similar stability.
3. Regulation and uncertainties
Regulators are keeping a close eye on stablecoins. Usual will have to meet strict standards to compete with USDT, which has already weathered several regulatory investigations.
Too strict regulation could limit its adoption in some jurisdictions.
4. Adoption in payments
USDT is already used massively in international payments and cross-platform transfers. Usual will need to create clear and competitive use cases to convince users.
Comparison of potential performances
Conclusion :
Usual has unique strengths (transparency, decentralization, passive yield) that might make it attractive to some users, especially in decentralized finance (DeFi). However, USDT remains the undisputed leader thanks to its liquidity, global adoption, and proven stability.
Short term: Usual is unlikely to outperform USDT in terms of overall performance (liquidity, adoption).
Medium/long term: If Usual manages to maintain consistent adoption, prove its stability, and overcome regulatory challenges, it could become a competitive alternative to USDT, especially for DeFi users and those seeking increased transparency.
However, it will be difficult to dethrone USDT unless there is major weakness or new regulation affecting centralized stablecoins.
