CUSD
Celo Dollar Rank 649
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29,768,770 CUSD
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Celo Dollar
Celo Dollar Price $ 0.9979
$ 0.9979
Celo Dollar 24h Vol
$4,506,331
$4,506,331
Celo Dollar Market Cap $29,704,873
$29,704,873
24h Vol
106 BTC 1 H
0.03 %
24 H
0.07 %
7 d
-0.06 %
Today Celo Dollar price in US dollars is currently
0.9979
USD, and if converted to Bitcoin is
0.00002337
BTC. A total of 29,768,770 CUSD are currently circulating in the Market. Celo Dollar price is currently experiencing a change of 0.07 %, and check here all cryptocurrency. Over the past 24 hours 0.045 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
0.00002337 BTC
BTC Market
696 BTC
BTC 24h Vol
106 BTC
Total Coins Mined
29,768,770 CUSD
1h
0.03 %
24h
0.07 %
7d
-0.06 %
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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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