CryptoCurrencies
14976
 Total Market Cap
3,536,818,629,118
 Volume 24h
356,438,567,337
 Dominance
BTC 54.86%   ETH 11.52%   USDT 3.76%   SOL 3.40%

Coin98 Dollar
CUSD

1.150
$
0.42 %
Change 24h
Market Cap
$ 52,290
Volume 24h
$ 88.25
Circulating Supply
45,517
Total Supply
2,902,470
CUSD
$
# Exchange Pair Price Volume 24h

Description

CUSD is a fully-backed stablecoin that aims to become a cross-chain unit of account that fulfills the demand for cross-chain liquidity in DeFi. In order to mint 1 CUSD, a total of $1 worth of the collateralized assets must be deposited into the CUSD Reserve smart contract. Specifically, in the initial phase, the collateral ratio to mint 1 CUSD will be $1 worth of fiat-backed stablecoins - BUSD (on BNB Chain) and USDC (on Solana and Ethereum).