Coin98 Dollar. Price of cryptocurrency: $ 0.98767141

There are people in this picture As the world of multi-chain expands, it drives up demand for moving assets among different chains by a large margin; however, the major issue of fragmented liquidity also arises. There are people in this picture What is CUSD? There are people in this picture CUSD aims to become a cross-chain unit of account in order to fulfill the demand for cross-chain liquidity in DeFi. CUSD has an ambitious, long-term mission. We want to build a strong foundation of use cases for CUSD within the Coin98 Ecosystem first by centering CUSD as the default medium of exchange across all products that Coin98 Finance built. There are people in this picture CUSD expands supply. There are people in this picture CUSD is a fully collateralized stable coin. A total of $1 worth of assets must be sent to the CUSD Reserve smart contract in order to convert to 1 CUSD. There are people in this picture Redemption number one. There are people in this picture CUSD can be redeemed directly for the stable coin in reserve, which is the key mechanism allowing it to achieve stability in the early stage. There are people in this picture In the CUSD mechanism, other stable coins will be free of charge, while a small fee of 0.5% is charged on top of each redemption value, and can be adjusted based on market conditions in the future. There are people in this picture The reserve of CUSD. There are people in this picture The CUSD Reserve smart contract is fully backed by all the supported stablecoin assets. There are people in this picture Audits are done. There are people in this picture There are people in this picture There is more information on the website: www.coin98.com.