CryptoCurrencies
18765
Exchanges
500
Total Market Cap
4,305,978,380,665
Volume 24h
283,383,492,195
Dominance
BTC 53.45%   ETH 12.67%   XRP 4.16%   USDT 3.96%

Coin98 Dollar
CUSD

0.8646
$
2.35 %
Change 24h
Market Cap
$ 32,434
Volume 24h
$ 20.74
Circulating Supply
37,512
Total Supply
1,294,105
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).