From June 2nd, we officially list Celo Dollar (CUSD) on the ONUS application. Soon after CUSD is added, users can perform the following features:
- Off-chain transactions: Send and receive CUSD with other users in the ONUS network.
- Exchange: Swap from VNDC or USDT to CUSD and vice versa.
Celo is a decentralized blockchain network that allows anyone with just a single phone to access electronic financial services. Celo has not only built a currency system that allows users to pay on mobile faster at lower costs with 24/7 global access, but it also simplifies the payment process by allowing users to use their phone numbers as public keys.
Celo’s mission is to become a decentralized platform developed, upgraded, and administered by a diverse community of individuals, organizations, and enterprises rather than controlled by a single person or entity.
What is Celo Dollar (CUSD)?
Celo Dollars (CUSD) is the stablecoin that follows the US Dollar and is native to the Celo blockchain’s Reserve system. CUSD enables users to make purchases, send money to anyone globally, pay bills, and even borrow funds directly from their smartphones as easily as sending a text message.
- Name: Celo Dollar
- Symbol: CUSD
- Platform: Celo
- Type: Stablecoin
- Smart Contract Address: 0x765de816845861e75a25fca122bb6898b8b1282a