CUSD
Celo Dollar Rank 636
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35,557,304 CUSD
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Celo Dollar
Celo Dollar Price $ 0.9992
$ 0.9992
Celo Dollar 24h Vol
$4,888,158
$4,888,158
Celo Dollar Market Cap $35,529,054
$35,529,054
24h Vol
80 BTC 1 H
-0.01 %
24 H
-0.04 %
7 d
0.07 %
Today Celo Dollar price in US dollars is currently
0.9992
USD, and if converted to Bitcoin is
0.00001644
BTC. A total of 35,557,304 CUSD are currently circulating in the Market. Celo Dollar price is currently experiencing a change of -0.04 %, and check here all cryptocurrency. Over the past 24 hours 0.049 M US dollars Celo Dollar have been traded on Crypto Exchanges. Get Celo Dollar's progress by adding it to your favourites and creating a free portfolio.
Full Name
Celo Dollar
Symbol
CUSD
Algorithm
ETH Token
BTC Price
0.00001644 BTC
BTC Market
585 BTC
BTC 24h Vol
80 BTC
Total Coins Mined
35,557,304 CUSD
1h
-0.01 %
24h
-0.04 %
7d
0.07 %
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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.
