cUSD Currency Rank 2487
$0.004349
cUSD Currency Rank 2487
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0 CUSD

cUSD Currency
cUSD Currency
CUSD

cUSD Currency Price
$0.00

cUSD Currency 24h Vol
$35

cUSD Currency Market Cap
$0

24h Vol
0 BTC
1 H
0.76 %
24 H
-2.51 %
7 d
87.84 %
Today cUSD Currency price in US dollars is currently 0.0043 USD, and if converted to Bitcoin is 0.00000049 BTC. A total of 0 coin's are currently circulating in the Market. cUSD Currency prices are currently experiencing a change of -2.51 %, check all cryptocurrency. Over the past 24 hours 0.000 M US dollars cUSD Currency has been traded on Crypto Exchanges. Get cUSD Currency's progress by adding it to your favourites and creating a free portfolio if you wish.
Full Name
cUSD Currency
Symbol
CUSD
Algorithm
ETH Token
BTC Price
0.00000049 BTC
BTC Market
0 BTC
BTC 24h Vol
0 BTC
Total Coins Mined
0 CUSD
1h
0.76 %
24h
-2.51 %
7d
87.84 %
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Description

Description


Carbon is a non-collateralised stable coin that has two types of tokens, the Carbon stable coin and the Carbon Credit token (“Carbon Credit”). If the demand of the Carbon stable coin starts to decrease Carbon Credits are auctioned off via a reverse Dutch auction smart contract to the market participants who are willing to burn their stable coins (Carbon). On the other scenario, when the demand for the Carbon stable coin increases new minted stable coins are distributed to Carbon Credit holders on a pro-rata basis, originating downward pressure to push the price back to the peg.


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