Celo Dollar (CUSD)

Rank #459

Market snapshot

Price
$1.00
Market cap
$35.6M
24h volume
$130,334.15
Circulating supply
35,554,165.6194
Total supply
57,241,566.2161
Max supply
1,000,000,000,000,000

What is Celo Dollar?

Celo Dollar is a stablecoin that aims to provide a digital currency with a stable value pegged to the US dollar. It operates on the Celo and Near networks, facilitating transactions and applications in the decentralized finance (DeFi) space. Celo Dollar is categorized under various tags, including stablecoin, asset-backed stablecoin, and algorithmic stablecoin.

Key information

Symbol
CUSD
CMC rank
#459
Network / platforms

Celo, Near

Categories
N/A
Date added
Sep 29, 2020

Contract address

Contract addresses are stored from CoinMarketCap metadata and are shown as recorded. CoinLoom does not independently certify them as official.

  • Celo

    0x765de816845861e75a25fca122bb6898b8b1282a
  • Near

    cusd.token.a11bd.near

Official resources

Risks

Digital asset prices can be volatile and can change materially. Users should verify the contract address and network before transferring assets. Self-custody requires secure private-key and recovery-phrase handling. Centralized platforms can involve operational, custody, and counterparty risk. Availability and regulatory treatment can vary by jurisdiction. Transaction finality and reversibility can differ by network.

Transfer and custody notes

Verify the asset name, network, and any supplied contract details before transferring. Verify destination address and network before sending assets. Review the custody method, including self-custody versus a third-party platform. Understand that transfers may be irreversible and that CoinLoom does not confirm exchange availability.

FAQ

What is Celo Dollar?
Celo Dollar (CUSD) is a stablecoin designed to maintain a stable value relative to the US dollar, operating within the Celo and Near networks.
What are the risks associated with transferring Celo Dollar?
Digital asset prices can be volatile. Users should verify contract addresses and networks before transferring assets to avoid loss.
How can I verify the acquisition of Celo Dollar?
Ensure you verify the asset name, network, and contract details before transferring Celo Dollar.
Where can I find official resources for Celo Dollar?
Official resources for Celo Dollar can be found on the Celo website and GitHub repository.

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