The update of the Usual Money agreement has caused concern in the community, with USD0++ once falling to 0.915 dollars

According to The Block, an update to the Usual Money protocol caused its collateralized stablecoin USD0++ to fall 8.5% from $1 on decentralized exchanges, down to $0.915. The protocol introduced a dual-path exit mechanism that allows users to redeem USD0++ at a floor price of $0.87 USD0 or choose to forfeit some profits for a 1:1 redemption, but changes made without prior notice have drawn criticism from the community.

USD0++ was originally a zero-interest bond token locked for four years, typically valued at $0.855 in the market but previously could be redeemed 1:1 with USD0. After the update, many holders sold off their USD0++, causing severe imbalance in the Curve pool and fluctuating prices up to 92%. Community members criticized the team for not announcing beforehand and locking up large amounts of funds, but others believe this move helps long-term stability.