Celo Dollar Price, Live Chart & Market Cap

Celo Dollar (cUSD) – Streamlined, Stable, and Ideal for Everyday Transfers

Overview of Celo Dollar (cUSD)

Celo Dollar (cUSD) is the stable currency of the Celo ecosystem. It keeps a steady 1:1 ratio with USD. It supports daily purchases, lending, and farming. Many use cUSD in DeFi wallets for quick transfers. Others trade it on select crypto exchanges. Through its algorithmic model, cUSD maintains low transaction costs while aiming for reliable stability.

Celo Dollar (cUSD) – A Mobile-Friendly Stablecoin

Utility & Use Cases CUSD

Lending and Borrowing

Lending and Borrowing

Use Celo Dollar for lending or borrowing on DeFi platforms. This promotes financial access and seamless interest generation.
Liquidity Pools

Liquidity Pools

Provide cUSD to liquidity pools for yield farming. Earn rewards while supporting faster trading on the Celo network.
Low Fees

Low Fees

Transact cUSD with minimal costs. This benefits users who frequently move funds or send money abroad using a defi wallet.

Celo Dollar Technologies Overview

Staking Potential

Staking Potential

cUSD supports staking mechanisms when paired with CELO in certain protocols, enhancing network security and user rewards.
Cross-Chain Compatibility

Cross-Chain Compatibility

Bridges let cUSD flow to other networks for trading, increasing volume and accessibility.
Fast Transactions

Fast Transactions

Celo Dollar benefits from short block times, making it ideal for quick settlements and daily app usage.

Funding

The broader Celo project raised around $66.5M before mainnet launch. cUSD itself had no separate ICO and is minted on demand.

Roadmap

Enhanced L2 Integration

cUSD moves more seamlessly across Ethereum-based networks, improving liquidity and reducing fees.

Expanded Use Cases

New alliances grow cUSD adoption for microloans, merchant payments, and global remittances.

Reserve Diversification

Celo community explores adding more stable assets to protect cUSD’s peg and maintain user confidence.

Celo Dollar Security & Audit Reports

Celo Dollar undergoes audits from reputable firms. Multiple reviews help verify its smart contracts and reserve mechanisms. No critical exploits have been reported to date.

FAQ

How to set up a cUSD wallet?

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Download a Celo-compatible app like Valora, create your account, and store cUSD securely.

How to stake cUSD?

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Look for DeFi protocols on Celo that support cUSD staking pairs and follow their deposit instructions.

Is Celo Dollar always pegged at $1?

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It aims to stay near $1 by using an algorithmic reserve, though slight fluctuations can occur.

Where can I trade cUSD?

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Trade it on select crypto exchanges or DEXs that support the Celo network, checking each platform’s chart and volume.

Does cUSD work for yield farming?

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Yes. Supply cUSD to liquidity pools or DeFi platforms to earn potential returns on your investment.

Can cUSD support cross-border payments?

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Yes. Low fees and quick block times make it suitable for transfers in many regions.

Top Crypto Exchanges to Trade Celo Dollar (CUSD)

# Exchange Pair Price 24h Volume
1 ~$0.58 $8,486,514
2 ~$1 $6,731,974
3 ~$1.0004 $707,705
4 ~$1 $864,771
5 ~$1.036 $744,749
6 ~$0.58 $737,910
7 ~$1.0007 $15,874.97
8 ~$0.16 $424,367
9 ~$0.0077 $229,247
10 ~$1.04 $25,224
Celo Dollar
Celo Dollar CUSD Price
#636
$1
0.15%
Market Cap
Market capitalization of Celo Dollar (CUSD) represents the total value of all circulating tokens. It is calculated by multiplying the current price of one token by the total number of tokens in circulation
$35,536,168
Fully Diluted Variation
Fully diluted valuation of Celo Dollar (CUSD) represents the theoretical market cap if all tokens that will ever exist were in circulation. It provides insight into the long-term value projection assuming the maximum supply is reached
$35,536,669
24 Hour Trading Vol
24-hour trading volume shows the total amount of Celo Dollar (CUSD) traded across all exchanges over the past day. Higher volumes generally indicate more market liquidity and interest in the token
$3,131,849
Circulating Supply
Circulating supply shows the number of Celo Dollar (CUSD) tokens currently available and circulating in the market. This excludes locked, reserved, or unissued tokens that cannot be sold or traded
35,553,466.18
Total Supply
Total supply represents all Celo Dollar (CUSD) tokens that currently exist, including both circulating tokens and those locked in various protocols or treasuries. It excludes tokens that will be created in the future
35,553,967.18

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