Logo of Bytecash

Bytecash(BYC)

Market Cap$43,290

Price$1

Total Circulating43,319.06

Stablecoin information

Bytecash (BYC) is a USD-pegged stablecoin natively issued by Circuit, a CDP protocol on Chia. BYC is overcollateralized with XCH, the native coin of Chia.

Category:crypto-backed

Minting and Redemption

BYC gets minted when users borrow against collateral they have deposited. BYC gets melted when debt is being repaid.

Audits:

Stablecoin usage by chain

NameBridge
0.00%+0.00%+0.00%+0.00%43,319.06