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Celo Dollar

CUSD

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About Celo Dollar

Celo Dollar (CUSD) platform aims to make global digital payments and financial tools available to the community using cryptocurrency. The platform seeks to provide DAppdeveloped on Celo (CUSD) ecosystem to smoothen the financial transactions. The platform altogether aims to create financial tools accessible from anywhere and from any mobile phone, leading to prosperity for all. 

The stablecoin Celo Dollar (CUSD) aims to track the value of the traditional currency US Dollar. Celo Dollars (CUSD) supports daily digital currency usage using mobile phones. The token.) aims to incentivize the users for holding and acts as an on-chain governance token. The token Celo Dollar (CUSD) aims to be a reserve-backed stable token and seeks to provide surety to its relative traditional currency.

Celo (CUSD) platform seeks to bring the benefits of DeFi to the users. Celo (CUSD) platform aims to provide stable value currencies (stablecoins) like CUSD and CEUR and mapping of phone numbers to make and receive payments. Moreover, Celo (CUSD) uses a proof-of-stake (PoS) consensus mechanism so that the platform users can seek to pay transaction fees using stable currencies in a fast, secure way to the Celo (CUSD) network using mobile devices. Also, the platform supports the users in obtaining loans as well.

Further, the platform also aims to support on-chain governance in which all Celo (CUSD) holders can participate. The Celo (CUSD) smart contracts platform is an Ethereum virtual machine (EVM) compatible with third-party applications and extensions. EVM is a virtual machine on the Ethereum blockchain to process operations.  Smart contracts are just like regular contracts; however, instead of being drafted on paper, these contracts run in the form of protocols on the blockchain. In addition, the platform also aims to support controlled access of funds and account private keys by the respective users. This feature seeks to make the user independent from third parties to make payments.

Celo (CUSD) was originally founded by a team that included people from MIT, Google, Stanford, Square, World Bank, GoDaddy, Harvard University, the Federal Reserve Bank, and many more.

Silas Boyd-Wickizer (advisor), Daniel Kimotho (cLabs, ecosystem growth – Kenya), Victor Graf (cLabs, protocol building), Alexander Harley (Steakwallet, founder), Kobi Gurkan (cLabs, cryptography), Anna Kazlauskas (Corsali, founder), and many more are part of the team. The maximum total supply of the Celo Dollar (CUSD) is 120,000,000 CUSD.

Market

Australia Market Stats

Market cap

A$56.2M

Volume (24h)

A$7.4M

Circulating supply

36.9M CUSD

All time high

A$4.38

Australia Market performance

Price change (1h)

0%

Price change (1d)

+0.02%

Price change (1w)

-0.07%

Price change (2w)

-2.03%

Price change (1m)

-0.06%

Price change (1y)

+0.19%

Australia News about Celo Dollar

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The Defiant • May 02, 24

EigenLayer Increases Minimum Airdrop Allocation

More than 280,000 users of the restaking protocol will receive an additional 100 EIGEN tokens.

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The Block • May 02, 24

Dorsey’s Block to invest 10% of bitcoin profits into BTC each month, shares rise on Q1 earnings beat

Jack Dorsey's Block will be investing 10% of its gross profit from bitcoin products into bitcoin purchases and will open-source its treasury.

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Unchained • May 02, 24

Eigen Foundation to Allocate an Additional $1,000 in EIGEN Tokens to Over 280,000 Users

The Eigen Foundation announced Thursday that it will allocate an additional 100 EIGEN tokens, currently worth about $1,000, to more than 280,000 users in an effort to increase the accessibility of its token for early adopters and respond to community criticism of specific details of EigenLayer’s ...

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Decrypt • May 02, 24

Jito Price Jumps After Topping Solana DeFi Protocols With $1 Billion Locked

Jito Network became the top DeFi protocol on Solana, with liquid staking pool token JitoSOL rising by 8.5%.

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Celo Dollar is on the decline this week.

The price of Celo Dollar has decreased by 0.00% in the last hour and increased by 0.02% in the past 24 hours. Celo Dollar’s price has also fallen by 0.07% in the past week. The current price is A$1.52 per CUSD with a 24-hour trading volume of A$7.43M. Currently, Celo Dollar is valued at 65.28% below its all time high of A$4.38. This all-time high was the highest price paid for Celo Dollar since its launch.

The current circulating supply of Celo Dollar is 36,940,963.488 CUSD which means that Celo Dollar has as total market cap of 36,940,963.488.

FAQ

What is the current price of Celo Dollar?

We update our Celo Dollar to AUD currency in real-time. Get the live price of Celo Dollar on Coinbase.

What is the market cap of Celo Dollar?

The current market cap of Celo Dollar is A$56.22M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Celo Dollar?

The all-time high of Celo Dollar is A$4.38. This all-time high is highest price paid for Celo Dollar since it was launched.

What is the 24 hour trading volume of Celo Dollar?

Over the last 24 hours, the trading volume of Celo Dollar is A$7.43M.

What other assets are similar to Celo Dollar?

Assets that have a similar market cap to Celo Dollar include CEEK VR, DeRace, KWD, and many others. To see a full list, see our comparable market cap assets.

How many Celo Dollar are there?

The current circulating supply of Celo Dollar is 37 million.

Can I buy Celo Dollar on Coinbase?

No, Celo Dollar is not currently available on Coinbase, but you can sign up to get the latest news on Celo Dollar and be notified when it gets added to our exchange.