CUSD | Coin98 Dollar Crypto Research

Live price

$0.9677200

Market Cap

$44,045

All-time low

$0.4461950

All-time high

$1.21

Volume (24h)

$6.13

Total supply

45,517

Circulating supply

45,517

Learn more about cusd

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CUSD is a fully-backed stablecoin that aims to become a cross-chain unit of account that fulfills the demand for cross-chain liquidity in DeFi. In order to mint 1 CUSD, a total of $1 worth of the collateralized assets must be deposited into the CUSD Reserve smart contract. Specifically, in the initial phase, the collateral ratio to mint 1 CUSD will be $1 worth of fiat-backed stablecoins - BUSD (on BNB Chain) and USDC (on Solana and Ethereum).