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Commonal Money launches Commonal USD on public mainnet, TVL hits $90 million

A project called Commonal Money has officially unveiled its public mainnet, launching a usd (USD0) stablecoin. The initiative aims to provide a decentralized alternative to traditional fiat-backed stablecoins. According to defillama.com statistics, as of July 14, the total locked value (TVL) of the USD0 protocol was $90.78 million.