Electronic USD (eUSD) is a decentralized stablecoin pegged 1:1 to USD, backed by a diversified basket of yield-bearing stablecoins. More
| Fully Diluted Valuation | $24.64M |
|---|---|
| 24H Trading Volume | $799,888 |
| 24H Low / High | $1.00 / $ 1.00 |
| Circulating Supply | 24.67 M |
| Total Supply | 24.67 M |
| Max Supply | ∞ |
| Categories | Stablecoins 6 more |
|---|---|
| Founder | Anonymous |
| Website | register.app |
| Socials | 3 more |
| Chains | Ethereum Ecosystem 2 more |
| Explorer | Arkhamintelligence 5 more |
| Contracts |
0xa0d....f482f
2 more
|
| Name | Pair | OG Score |
|---|
eUSD, or Electronic USD, is a new kind of stablecoin designed to maintain a steady value equivalent to the US dollar. Unlike traditional stablecoins, eUSD operates without a central authority, relying on community governance to ensure transparency and prevent censorship.
Backed by Diverse Assets
To ensure its stability, eUSD is backed by a mix of trusted stablecoins that generate yields, such as aUSDC, aUSDT, cUSDC, and cUSDT. This backing is auditable on-chain, providing continuous visibility into its reserves.
Accessible on Two Blockchains
You can use eUSD on both Ethereum and MobileCoin blockchains. On Ethereum, it taps into decentralized finance (DeFi) platforms like Curve Finance, where users can earn yields securely. On MobileCoin, eUSD offers fast, private transactions with low fees, making it ideal for everyday use.
Innovative Features
eUSD's design emphasizes over-collateralization and community governance, reducing risks associated with price volatility and central control. This approach sets it apart as a stablecoin that balances stability with the benefits of decentralized finance.
Future Outlook
As cryptocurrencies gain traction, eUSD emerges as a versatile option for those seeking a stable and transparent digital currency solution. Its dual blockchain functionality and innovative features position it at the forefront of stablecoin innovation, promising a reliable tool for a wide range of financial applications.
In summary, eUSD represents a significant step towards decentralized stability in the cryptocurrency space, offering a straightforward and resilient alternative to traditional fiat-pegged stablecoins.
eUSD stands out for being a decentralized stablecoin backed by a diversified basket of yield-bearing stablecoins, governed by its community, and available on both Ethereum and MobileCoin blockchains, offering stability without central control.
The specific founders of eUSD are not disclosed in the provided information, which focuses more on its technical and operational aspects rather than individual founders.
You can buy Electronic USD (EUSD) on BigONE, Aerodrome (Base), Curve (Ethereum)Curve (Arbitrum) cryptocurrency exchanges.
