We’re excited to announce that Usual is going all-in on Chainlink tokenized RWA infrastructure. By integrating industry-standard Chainlink services, including CCIP, Proof of Reserve, and Price Feeds, Usual will enhance the utility and liquidity of its tokenized RWA protocol. As Usual continues to extend its reach across the industry, we will expand to new ecosystems with CCIP to ensure seamless cross-chain interoperability. These integrations will help address critical challenges in the tokenized asset space and provide our users with a more liquid, secure, and transparent ecosystem.
Solving Key Tokenized Asset Challenges With Chainlink
Tokenized assets present numerous benefits, however, it’s important to understand that once a tokenized asset is issued onchain, it requires a variety of additional services before it can be utilized effectively in the onchain economy. Usual integration with Chainlink addresses the three core challenges of tokenized assets: data, liquidity, and synchronization.
The Data Problem
Tokenized assets need to be enriched with high-quality offchain data delivered by Chainlink Price Feeds, which provides information about the state of the asset or information needed to facilitate a transaction, such as market pricing, reference data, and identity data. In addition, access to a reliable proof of reserves mechanism helps protect users from malicious or accidental over-issuance attacks and manage various risks such as market value, liquidity, duration, and liability.
Usual is integrating Chainlink Proof of Reserve to enhance the security and transparency of its tokenized asset protocol. This integration will provide users with stronger security assurances by verifying the underlying reserves of tokenized assets, ensuring that they are backed by real-world value. Additionally, Chainlink Proof of Reserve will increase transparency by offering real-time asset backing verification, thereby fostering greater reliability within the protocol. This commitment to security and transparency will help to reinforce confidence among users in the tokenized asset ecosystem.
The Liquidity Problem
In order to gain adoption and liquidity across chains, tokenized assets require highly secure and reliable cross-chain interoperability. With a secure interoperability solution, tokenized assets can be seamlessly transferred to any blockchain where potential users are looking to access the asset. This is especially important given the large amounts of tokenized assets held by financial institutions—the interoperability solution has to provide the highest security standards while having efficient connectivity.
Usual is integrating the industry-standard Chainlink CCIP, the only interoperability solution with level-5 cross-chain security. This integration will enable Usual to seamlessly tap into the cross-chain ecosystem, enabling access to increased liquidity across various blockchain networks. By leveraging CCIP’s advanced security and robust infrastructure, Usual can enhance its protocol’s capabilities, ensuring secure and efficient interactions between ecosystems while significantly expanding its liquidity and reach.
The Synchronization Problem
Once tokenized assets are in circulation, it’s vital to keep all associated data synchronized across different blockchains. This includes price data, net asset value (NAV), identity information, proof of reserves, and more. Chainlink is the only solution that includes both reliable offchain data connectivity and secure cross-chain interoperability in one platform, making Chainlink the only enabler of a Unified Golden Record across chains.
Usual Labs is a decentralized issuer of fiat-backed stablecoins. Usual aggregates tokenized RWAs from financial institutions, transforming them into an onchain stablecoin (USD0). The protocol is designed to enhance neutrality, transparency, and security. Unlike traditional fiat-backed stablecoins, Usual avoids reliance on fractional reserve banking by collateralizing its stablecoin with short-term bonds.
Benefits of Chainlink Tokenized RWA Infrastructure
By integrating Chainlink CCIP, Data Feeds, and Proof of Reserve, Usual is able to further its tokenized real-world asset initiatives by:
Accelerating time-to-market for any class of tokenized assets on any blockchain by leveraging Chainlink’s scalable infrastructure.
Accessing greater liquidity with seamless cross-chain interoperability, connecting your project with the entire economy of onchain and offchain assets.
Building on Chainlink’s battle-tested infrastructure, which provides a track record of reliability and is trusted by the world’s largest financial institutions, such as Swift, DTCC, and ANZ Bank.
“We’re excited to be strategically integrating Chainlink’s industry-standard tokenized asset infrastructure. Together, we will be able to provide transparency and reliability in the stablecoin ecosystem. Price Feeds has provided highly accurate and coherent computation, enabling powerful integrations and tokenomics for Usual. The next step is to integrate Proof of Reserve to enable increased transparency and high-grade auditing of collateral, as well as CCIP to provide secure and efficient cross-chain interoperability. Going forward we will expand to new ecosystems that are CCIP compatible. The Chainlink platform is a must-have to deliver novel, neutral, and fully community-owned alternative stablecoins.”—Adli Takkal Bataille, Co-Founder>
About Chainlink
Chainlink is the industry-standard decentralized computing platform powering the verifiable web. Chainlink has enabled over $15 trillion in transaction value by providing financial institutions, startups, and developers worldwide with access to real-world data, offchain computation, and secure cross-chain interoperability across any blockchain. Chainlink powers verifiable applications and high-integrity markets for banking, DeFi, global trade, gaming, and other major sectors.
Learn more about Chainlink by visiting chain.link or reading the developer documentation at docs.chain.link.
About Usual
Usual is an on-chain & decentralized Tether alternative backed by real-world assets (RWA), redistributing value and ownership back to users.
Learn more about Usual by visiting usual.money or reading the developer documentation at docs.usual.money
