CryptoCurrencies
12403
Exchanges
500
Total Market Cap
1,084,602,079,366
Volume 24h
114,949,892,633
Dominance
BTC 40.80%   ETH 17.54%   USDT 6.23%   USDC 3.98%

Coin98 Dollar
CUSD

0.9922
$
0.52 %
Change 24h
Market Cap
$ 2,019,057
Volume 24h
$ 10,849
Circulating Supply
2,033,516
Total Supply
451,593
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).