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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	0.06679482061
1	0.66794820615
2	1.34
5	3.34
10	6.68
20	13.36
50	33.40
100	66.79
1000	667.95

USD	CUSD
0.1	0.14971220684
1	1.50
2	2.99
5	7.49
10	14.97
20	29.94
50	74.86
100	149.71
1000	1,497.12

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