bitSmiley USD(bitUSD)
Market Cap$253,413
Price$1
Total Circulating253,503
Stablecoin Information
Bitcoin stablecoin based on over-collateralization
Category:crypto-backed
Minting and RedemptionUsers deposit a specific amount of BTC into bitSmiley Treasury to generate bitUSD. To redeem their deposited BTC, users need to repay the generate bitUSD and also pay a certain amount of stability fee.
Audits:No
Stablecoins Usage by Chain
| Name | Bridge | |||||
|---|---|---|---|---|---|---|
| 0 | < 0.0001% | < 0.0001% | < 0.0001% | 253,503 |