Celo Dollar token
Overview
Celo Dollar (cUSD) is a stablecoin native to the Celo blockchain. Its value is intended to track the US dollar via a soft peg, supported by a decentralised system of reserve holdings and algorithmic adjustments to token supply. Within the Celo network, which focuses on mobile-first access and broadening financial participation, cUSD functions as a payment instrument, a remittance tool and a medium of exchange.
Within The Counterparty graph, Celo Dollar connects to 5 tracked entities, most strongly to Mento Labs, Bitcoin (BTC), Ether (ETH).
Relations
Top connections in The Counterparty knowledge graph (confidence-weighted, 5 of 5 total).
| Relation | Connected entity | Confidence |
|---|---|---|
issued_by | Mento Labs | 95% |
backed_by | Bitcoin (BTC) | 90% |
backed_by | Ether (ETH) | 90% |
deployed_on | Celo | 90% |
backed_by | Celo Native | 90% |
Frequently asked questions
What is Celo Dollar?
Celo Dollar is a stablecoin tracked in The Counterparty knowledge graph. It is connected to 5 other tracked entities, most strongly to Mento Labs, Bitcoin (BTC), Ether (ETH).
What type of entity is Celo Dollar?
Celo Dollar is classified as a stablecoin (token) in The Counterparty knowledge graph.
What is Celo Dollar connected to?
In The Counterparty knowledge graph, Celo Dollar is linked to 5 other tracked entities, most strongly to Mento Labs, Bitcoin (BTC), Ether (ETH).