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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	0.06368068330
1	0.63680683307
2	1.27
5	3.18
10	6.37
20	12.74
50	31.84
100	63.68
1000	636.81

USD	CUSD
0.1	0.15703349085
1	1.57
2	3.14
5	7.85
10	15.70
20	31.41
50	78.52
100	157.03
1000	1,570.33

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