The cheapest fixed-rate borrowing in DeFi is here. Usual Stability Loans (USL) deployed on Euler, makes borrowing more predictable, efficient, and cost-effective—unlocking USD0++ discount arbitrage while increasing available capital across the Usual ecosystem. More liquidity, better rates, and smarter borrowing.

This release is a big one—it’s also our first-ever governance proposal in action. Community-driven and built to optimize borrowing, this release is a major step toward making borrowing cheaper, more predictable, and more accessible for all users. Check out the full breakdown in our blog post.