Kolibri USD(KUSD)
Market Cap$522,702
Price$1.03
Total Circulating507,181
Stablecoin Information
Kolibri is an Tezos based stablecoin built on Collateralized Debt Positions (CDPs).
Category:crypto-backed
Minting and Redemption
Using the Kolibri app, users mint KUSD by depositing an accepted collateral asset into an oven. When the loan is repaid to retrieve the collateral, the paid back KUSD is burned.
Audits:
Stablecoins Usage by Chain
| Name | Bridge | |||||
|---|---|---|---|---|---|---|
| 0 | < 0.0001% | +11.12% | +11.04% | 507,181 |