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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).
Coin98 Dollar (CUSD) is a cryptocurrency that can be traded on various exchanges. It has a current market capitalization of $12,830, making it one of the notable digital assets in the crypto market.
The current price of Coin98 Dollar (CUSD) is $0.3420. Prices update in real-time based on market activity across major cryptocurrency exchanges.
You can buy Coin98 Dollar (CUSD) on major cryptocurrency exchanges such as Binance, Coinbase, and Kraken. Always use a reputable exchange and enable two-factor authentication to secure your account.
Whether Coin98 Dollar is a good investment depends on your financial goals, risk tolerance, and research. Cryptocurrency markets are highly volatile. Always do your own research and consider consulting a financial advisor before investing.
Top cryptocurrencies with market capitalization closest to this coin.