Stablecoin Information
CUSD is a decentralized stablecoin that is fully collateralized by assets in reserve
Category:crypto-backed
Minting and Redemption
In order to convert to 1 CUSD, a total of $1 worth of the collateralized assets must be sent into the CUSD Reserve smart contract. Specifically, in the initial phase, the collateral ratio to convert to 1 CUSD will be $1 worth of fiat-backed stablecoins - BUSD (on BNB Chain) and USDC (on Solana and Ethereum)
Audits:No
Stablecoins Usage by Chain
| Name | Bridge | |||||
|---|---|---|---|---|---|---|
| 0.00% | +0.00% | +0.00% | +0.00% | 29,653.16 | ||
| 0.00% | +0.01% | +0.01% | +0.01% | 3,454.28 | ||
| 0.00% | +0.01% | +0.01% | -25.42% | 3,284.45 |