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Celo Dollar Overview
24h High
$1.00
24h Low
$1.00
24h Change
-0.01%
7d Change
+0.19%
30d Change
+0.04%
Volume 24h
$3.42K
Circulating Supply
14.80M CUSD
Celo Dollar News
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About Celo Dollar
Celo Dollar (cUSD) is a stablecoin pegged to the US dollar, providing stability and usability within the Celo blockchain ecosystem. It functions as a reliable medium of exchange and a tool for decentralized financial applications, especially beneficial in regions with volatile local currencies. The Celo Foundation, with a team skilled in technology, finance, and social initiatives, spearheads the project, focusing on financial inclusivity and leveraging blockchain for social good.
In terms of usage and functionality, cUSD serves several key purposes. Firstly, it provides a stable medium of exchange, allowing users to transact without the fear of volatility inherent in many other cryptocurrencies. This stability is particularly beneficial in regions with unstable local currencies, as it offers a more reliable store of value and means of exchange. Furthermore, cUSD can be used within the Celo ecosystem for various decentralized applications (dApps), including lending, borrowing, and remittance services. Its integration into the Celo mobile wallet also enables users, particularly those without access to traditional banking, to send and receive money as easily as sending a text message.
The team behind Celo and cUSD comprises individuals with a mix of expertise in technology, finance, and social impact. The project is led by the Celo Foundation, a nonprofit organization that oversees the development of the Celo ecosystem. The team includes experienced professionals from various sectors, including former employees of major tech companies, finance professionals, and experts in blockchain technology. Their collective goal is to leverage blockchain technology to create a more inclusive financial system, particularly for those in underbanked regions. The team's diverse background and commitment to social impact play a crucial role in guiding the development and adoption of cUSD.
Celo Dollar Markets
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Celo Dollar Platforms
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Celo Dollar Market Data
The live Celo Dollar price today is $1.00 USD with a 24-hour trading volume of $3,416.43 USD. We update our CUSD to USD price in real-time. Celo Dollar is down 0.01% in the last 24 hours.
The current market cap is $14,805,985.01 USD, ranking #2863 by market capitalization. The circulating supply is 14,798,214 CUSD.