CUSD (CUSD)

CUSD is a fully-backed US Dollar stablecoin that facilitates seamless and borderless transactions. It maintains a 1:1 exchange ratio with the US Dollar, offering a reliable digital currency solution. CUSD is regulatory-compliant and trusted, making it a safe and convenient option for users.

Acquiring CUSD can be done through various methods. Direct access can be obtained through Stably Ramp using preferred fiat or stablecoin payment methods. It is also available in the secondary market via over-the-counter (OTC) desks and decentralized exchanges (DEX). However, users should conduct thorough research and verify the reliability and credibility of the exchanges they intend to use.

CUSD is backed by a reserve of highly liquid collateral assets, including bank deposits, money market instruments, and USDC. A designated trustee holds the reserve to benefit verified CUSD token holders. A third-party attestor conducts periodic attestations to verify the circulating token supply and collateral reserve. Monthly statements of the collateral accounts are published by Stably, ensuring the redeemability of CUSD at a 1:1 ratio to US dollars.