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).
Where is Coin98 Dollar available for purchase?
You can exchange CUSD tokens on both decentralized and centralized crypto platforms. The favored choice for purchasing and trading Coin98 Dollar is Baryon Network, notably the CUSD/BUSD pair, which saw a trading volume of $ 62.55 in the past day. Additionally, Saros AMM is popular alternative for trading tokens.
What is the highest value Coin98 Dollar (CUSD) has ever reached?
Coin98 Dollar (CUSD) reached its peak price at 1.27 $ on 20 January 2025, approximately 7 months ago ago. Presently, the current price is -34.81% lower than this all-time high.
What is the historical minimum price for Coin98 Dollar (CUSD)?
The minimum price reached for Coin98 Dollar (CUSD) was 0.4461 $, documented on 09 October 2023, more than 2 years ago. In comparison, the current price is 85.53%, it above this historical low.
What is the fully diluted valuation of Coin98 Dollar (CUSD)?
The fully diluted valuation (FDV) of Coin98 Dollar (CUSD) stands at $ 30,548. This figure reflects the maximum potential market capitalization, considering that the current circulating supply is at its maximum of CUSD tokens. The realization of this FDV might take several years depending on the emission schedule of CUSD tokens.
How to add Coin98 Dollar (CUSD) to MetaMask?
By integrating Coin98 Dollar (CUSD) into MetaMask, you gain access to features like monitoring your token balances and trading on decentralized exchanges. To do this, you'll need to import CUSD as a token. You can either manually import CUSD by copying its contract address (0xfa4ba88cf97e282c505bea095297786c16070129) or use MetaMask's Chrome extension to add CUSD with a single click through P.CASH.
How to add Coin98 Dollar (CUSD) to TrustWallet?
Incorporating Coin98 Dollar (CUSD) into your TrustWallet setup enables you to monitor your token holdings and engage in decentralized exchange transactions, among other functions. To include CUSD, you can either manually import it using the contract address (0xfa4ba88cf97e282c505bea095297786c16070129) or conveniently add it to Trust Wallet with just one click via P.CASH if you've installed Trust Wallet's Chrome extension.
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