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Bits

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Bitcoin

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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

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CUSD	USD
0.1	0.0660908054
1	0.66090805399
2	1.32
5	3.30
10	6.61
20	13.22
50	33.05
100	66.09
1000	660.91

USD	CUSD
0.1	0.15130697741
1	1.51
2	3.03
5	7.57
10	15.13
20	30.26
50	75.65
100	151.31
1000	1,513.07

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