Celo Dollar Price (CUSD)
Celo Dollar Price Chart (CUSD/USD)
Last updated 17 Jul 2023, 11:03AM UTC. Currency in USD.
|1||KuCoin||CUSD / USDT||$0.99525500||0.05%||$214,592|
|2||Okcoin||CUSD / USD||$0.99520000||0.01%||$93,297|
|3||Gate.io||CUSD / ETH||$0.99168700||1.01%||$12,302|
|4||Gate.io||CUSD / USDT||$0.99923100||0.44%||$5,731|
|5||Bybit (Spot)||CUSD / USDT||$0.99697400||0.15%||$5,398|
|6||Bitget||CUSD / USDT||$0.99470100||0.31%||$2,939|
|7||KuCoin||CUSD / BTC||$0.99967900||0.33%||$2,138|
|8||Bittrex||CUSD / BTC||$0.98955700||0.70%||$336|
|9||Bittrex||CUSD / ETH||$1.00||2.76%||$183|
|10||Coinlist||CUSD / USDC||$0.99631900||0.01%||$94,511|
|11||Coinlist||CUSD / USD||$0.99360000||0.01%||$16,887|
|12||Blockchain.com||CUSD / USD||$0.98640000||0.49%||$8,878|
|13||Huobi Global||CUSD / USDT||$0.99602900||0.04%||$7,282|
|14||Bittrex||CUSD / USDT||$1.00||0.60%||$311|
|15||Blockchain.com||CUSD / USDC||$1.00||0.49%||$49|
|16||BTX||CUSD / EUR||$1.01||99.89%||$0|
|17||BTX||CUSD / USDC||$1.04||6.09%||$0|
|18||BTX||CUSD / ETH||$0.80871900||89.75%||$6|
|19||BTX||CUSD / USDT||$0.90362000||9.34%||$6|
|20||BTX||CUSD / BTC||$0.75983200||100.00%||$2|
CUSD Price Statistics
- Celo Dollar Price Now $1
- 24h Low / 24h High $1 / $1
- Trading Volume $902,447
- Market Cap Rank #447
- Market Cap $43,070,368
- Volume / Market Cap 0.0210
Sep 10, 2021
Mar 11, 2023
Celo Dollar: A Revolutionary Cryptocurrency
Celo Dollar is a cutting-edge cryptocurrency that aims to revolutionize the world of digital transactions. It is built on the Celo blockchain platform, offering secure, fast, and low-cost transactions with a stable value backed by a reserve of real-world assets.
What is Celo Dollar?
Celo Dollar, also known as cUSD, is a digital currency that operates on the Celo blockchain. It is created to provide stability in the volatile world of cryptocurrencies, making it a reliable and trustworthy medium of exchange.
How Does it Work?
Unlike traditional cryptocurrencies that lack stability, Celo Dollar achieves stability by being backed by a reserve of real-world assets. This means that every unit of cUSD in circulation is backed by an equivalent unit of a stable real-world currency or asset.
Celo Dollar's stability mechanism involves incentivizing users to balance the supply of cUSD. When the demand for cUSD is high, new units are minted, and when the demand is low, units are burned. This process helps maintain the stable value of Celo Dollar.
Benefits of Celo Dollar
1. Stability: Celo Dollar offers stability by being backed by real-world assets, providing users with a reliable means of exchange and store of value.
2. Low Transaction Costs: The Celo blockchain's design allows for fast and low-cost transactions, making Celo Dollar an efficient digital currency for everyday transactions.
3. Accessibility: Celo Dollar is designed to be accessible to anyone with a mobile phone, ensuring that individuals from all walks of life can participate in the global economy.
4. Global Reach: Celo Dollar is not limited by borders or boundaries, making it a universal form of currency that enables frictionless transactions across the globe.
The Future of Celo Dollar
Celo Dollar has the potential to reshape the world of digital transactions. Its stable value, low transaction costs, and global accessibility make it an attractive option for individuals, businesses, and even governments. As more people adopt Celo Dollar and trust its stability, it could become a widely accepted digital currency for various financial activities.
The team behind Celo Dollar is actively working on expanding its reach and building partnerships to encourage adoption. With the advancements in blockchain technology and the growing demand for stable cryptocurrencies, Celo Dollar has a promising future ahead.
Celo Dollar is a groundbreaking cryptocurrency that combines the benefits of digital currencies with the stability of real-world assets. With its low transaction costs, global accessibility, and potential for reshaping the financial landscape, Celo Dollar is poised to make a significant impact in the world of digital transactions.