Difference between revisions of "CUSD"
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Celo Dollars (cUSD) are stablecoins that follow the US Dollar and are native to the Celo blockchain's Reserve system. The Celo Reserve is a system of smart contracts that uses a portfolio of cryptocurrencies to expand and contract the supply cUSD, similar to [[MakerDAO]]'s lending protocol. | Celo Dollars (cUSD) and Celo Euro (cEUR) are stablecoins that follow the US Dollar and are native to the Celo blockchain's Reserve system. The Celo Reserve is a system of smart contracts that uses a portfolio of cryptocurrencies to expand and contract the supply cUSD, similar to [[MakerDAO]]'s lending protocol. | ||
== Sources: == | == Sources: == |
Latest revision as of 16:43, 23 June 2022
Celo Dollars (cUSD) and Celo Euro (cEUR) are stablecoins that follow the US Dollar and are native to the Celo blockchain's Reserve system. The Celo Reserve is a system of smart contracts that uses a portfolio of cryptocurrencies to expand and contract the supply cUSD, similar to MakerDAO's lending protocol.