CryptoCurrencies
900
 Total Market Cap
738,925,413
 Volume 24h
504,816,396
 Dominance
BODEN 66.10%   VCX 6.26%   AIAT 5.91%   POLIS 5.50%

Coin98 Dollar
CUSD

0.6975
$
2.64 %
Change 24h
Market Cap
$ 31,877
Volume 24h
$ 54.15
Circulating Supply
45,616
Total Supply
45,616
CUSD
$
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).