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Coast Stablecoin is a Fiat-backed stablecoin (a PRC-20) with 1:1 collateral held as USD and functions as an avenue for onboarding new users directly onto PulseChain. User's are able to mint CST directly on-chain in a self-custodial manner from the balance of their digital bank account. This is performed at app.0xcoast.com. CST is always redeemable for $1 of USD at our decentralized application (via burning) and live proof of reserves are available at app.0xcoast.com/analytics. There is currently &gt;2M USD of TVL across liquidity pools on Phux and PulseX v2.

Coast CST

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CST	USD
0.1	0.00051725404
1	0.00517254040
2	0.01034508081
5	0.02586270204
10	0.05172540408
20	0.10345080816
50	0.25862702042
100	0.51725404084
1000	5.17

USD	CST
0.1	19.33
1	193.33
2	386.66
5	966.64
10	1,933.29
20	3,866.57
50	9,666.43
100	19,332.86
1000	193,328.60

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