90-day series · source: DeFi Llama
Circulating supply by chain · updated 10h ago
Backing & mint/redeem mechanics per the issuer.
Users deposit reserve assets to mint cUSD at oracle value. cUSD's reserve is backed by blue chip stablecoins such as USDC, USDT, pyUSD, BUIDL, and BENJI, i.e. issued by regulated institutions with transparent attestations. It is 1:1 redeemable for any of the available reserve assets.
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