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Coin98 Dollar Price
CUSD
How Much is 1 Coin98 Dollar (CUSD)
Convert CUSD to your currency
Last Updated on Feb 18, 2026 05:13 PM
What is Coin98 Dollar?
About the coin
CUSD is a stablecoin that is fully backed and aims to serve as a cross-chain unit of account. It is designed to meet the growing demand for cross-chain liquidity within the decentralized finance (DeFi) ecosystem. By providing a stable and reliable currency, CUSD facilitates seamless transactions across different blockchain networks.
Main features
The primary feature of CUSD is its full backing by collateralized assets. To mint 1 CUSD, users must deposit a total of $1 worth of collateralized assets into the CUSD Reserve smart contract. Initially, the collateral ratio required to mint 1 CUSD is $1 worth of fiat-backed stablecoins, specifically BUSD on the BNB Chain and USDC on Solana and Ethereum. This ensures that each CUSD is fully backed and maintains its value.
How it works
CUSD operates by utilizing a reserve of collateralized assets to back its value. Users can mint CUSD by depositing the required amount of collateral into the CUSD Reserve smart contract. This process ensures that each CUSD is fully backed and maintains its peg to the US dollar. By leveraging fiat-backed stablecoins as collateral, CUSD provides a stable and reliable currency for cross-chain transactions, enhancing liquidity and efficiency in the DeFi space.
Wallet for Coin98 Dollar
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Tangem supports networks for Coin98 Dollar
- Ethereum
- Bnb Smart Chain
- Solana
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Coin98 Dollar FAQ
- Coin98 Dollar is a blockchain-based digital asset used for transferring value and interacting with decentralized applications. It operates without central control, relying on distributed network technology.
- Its main advantages include speed, accessibility, and compatibility with decentralized tools. The network is optimized to handle different types of operations.
- Yes, both names point to the same token. CUSD is just the shorthand symbol used for market and wallet displays.
- You can buy Coin98 Dollar using on-ramp services available in Tangem Wallet or exchanges. After purchasing on an exchange, you can transfer it to your Tangem Wallet.
- The safest option is to use a hardware wallet that keeps your private keys offline. Tangem provides secure cold storage protection.
How to secure Coin98 Dollar with Tangem Wallet?
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Get the Tangem Wallet and take control of your assets with just one tap. It's perfect for anyone new to crypto and offers a great experience for more experienced users too.
Sync Tangem Wallet with our App. During the activation process, the card’s embedded chip generates a random private key, ensuring that the wallet cannot be compromised.
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Why choose Coin98 Dollar wallet with Tangem.
Private. No registration and KYC required to use the app. We don't track your data.
Secure. Your private keys are encrypted and never leave your device. Only you have control over your funds.
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