CryptoCurrencies
18079
Exchanges
500
Total Market Cap
4,333,015,842,664
Volume 24h
322,591,943,679
Dominance
BTC 54.92%   ETH 12.87%   XRP 4.43%   USDT 3.81%

Coin98 Dollar
CUSD

0.8155
$
0.16 %
Change 24h
Market Cap
$ 30,592
Volume 24h
$ 67.85
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).