Coin98 Dollar

cusd

$0.67+ 0.02%24h

Market Cap (USD)

$24,972.00

Circulating Supply

37,511

Homepage

https://coin98.com/dollar

About Coin98 Dollar

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).