CryptoCurrencies
17040
Exchanges
500
Total Market Cap
3,429,546,613,008
Volume 24h
227,507,785,805
Dominance
BTC 60.15%   ETH 8.87%   USDT 4.46%   XRP 3.63%

Coin98 Dollar
CUSD

0.8106
$
0.26 %
Change 24h
Market Cap
$ 30,408
Volume 24h
$ 73.48
Circulating Supply
37,513
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).