Usual is not a stablecoin. It is a decentralized, fiat-backed stablecoin issuer that redistributes value and ownership through the $USUAL token.

$USUAL To calculate the value of a currency, simply divide the market capitalization by the total number of units in circulation.

In this case:

Market capitalization = 5 billion (5,000,000,000)

Number of units = 4 billion (4,000,000,000)

Now, the value of each unit would be:

Value of each coin = Market CapitalizationNumber of units = 5,000,000,0004,000,000,000=1.25\text{Value of each coin} = \frac{\text{Market Capitalization}}{\text{Number of units}} = \frac{5,000,000,000}{4,000,000,000} = 1.25

Therefore, each coin is worth 1.25 units of the currency in question.

If the coin is a stablecoin, it should be designed to have a value close to 1 unit of the reference currency (usually 1 USD, for example), but in the presented case, the value is slightly above that. This may indicate that the price of the stablecoin is being influenced by factors other than the stability guarantee, such as supply and demand in the market. #TopCoinsSeptember2024 #UsualToken #TopCoinsSeptember #news