USK is an over-collateralized stablecoin native to the Kujira network. More
| Fully Diluted Valuation | $1.61M |
|---|---|
| 24H Trading Volume | $1,088 |
| 24H Low / High | $0.96 / $ 0.99 |
| Circulating Supply | 1.65M |
| Total Supply | 1.65M |
| Max Supply | ∞ |
| Categories | Stablecoins 5 more |
|---|---|
| Founder | Melon Usk |
| Website | blue.kujira.app |
| Socials | 2 more |
| Chains | Ethereum Ecosystem 3 more |
| Explorer | Mintscan 6 more |
| Contracts |
0x1b3....c10e9
3 more
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| Name | Pair | OG Score |
|---|
USK is a stablecoin pegged to the US dollar, designed to maintain a consistent value of $1.00 USD. It operates on the Kujira blockchain network, which supports various decentralized applications (dApps) and financial activities. USK aims to provide a stable and reliable medium of exchange by being backed by a reserve of assets, making it less volatile compared to other cryptocurrencies.
How is USK Secured?
USK uses multiple security measures to protect its users and their data. This includes strict physical security for offices and hardware, as well as thorough data protection training for employees. Access to sensitive information is tightly controlled. While these measures enhance security, users should be aware that digital assets carry inherent risks.
How Will USK Be Used?
USK serves several purposes within the Kujira network and beyond:
Compliance: It helps with Anti-Money Laundering (AML) and Know Your Customer (KYC) processes.
Regulatory Tools: It supports platforms in meeting financial regulations.
Educational Incentives: It can be used as a scholarship token for educational programs.
Service Verification: It helps verify user eligibility for various services.
Key Events and Contributors
USK has been influenced by notable figures like Jun Choi, who has experience in game development and design. Upcoming events such as the Blockchain Expo World 2024 will feature USK and provide opportunities to learn about new developments in the blockchain space.
Conclusion
USK is a stablecoin within the Kujira network, offering stability and reliability for transactions and financial operations. Its design and various uses make it an important part of the cryptocurrency landscape. However, as with any digital asset, users should research thoroughly and understand the risks involved.
USK is a stablecoin within the Kujira network, designed to maintain a stable value of $1.00 USD by being over-collateralized with assets like ATOM. Its integration into the Kujira blockchain ensures less volatility compared to other cryptocurrencies and supports a range of financial and compliance applications.
USK's development has been significantly influenced by Jun Choi, a key figure with extensive experience in game development and design.
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