### Stablecoin Issuers Face Sell-Off#

Stablecoin issuer "Usual" recently faced a sell-off, with its USD0++ collateralized stablecoin's dual exit mechanism triggering market volatility and community debate. The mechanism led to unexpected price fluctuations in the stablecoin, sparking anger among stablecoin farmers and ultimately causing USUAL to drop 10% in a single day. The incident stemmed from "Usual's" dual exit mechanism, which allowed users to redeem their stablecoins in two ways: through a traditional redemption mechanism and through a new mechanism that allowed users to redeem their stablecoins at a lower price but with a longer waiting period. This new mechanism sparked controversy, as some users believed it would devalue the stablecoin and lead to them losing money. Despite "Usual" attempting to address the issue through updates, market concerns about the mechanism persisted, leading to the sell-off. The incident highlights the need for stablecoin issuers to carefully design their mechanisms to ensure their stability and transparency, and to avoid triggering market volatility and community controversy.