iUSD(IUSD)
Market Cap$2.19m
Price$1
Total Circulating2.18m
Stablecoin Information
iUSD is a synthetic CDP stablecoin native to Cardano.
Category:crypto-backed
Minting and RedemptionUsing the Indigo app, users can mint iUSD by depositing ADA as collateral into a CDP. When the loan is repaid to retrieve the collateral, the paid back iUSD is burned.
Audits: