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Blockchain Venture Capital Launches USD Backed Stable Coin
Summary: Blockchain Venture Capital, the Canadian blockchain research firm, launched a United States dollar‑pegged stablecoin, according to a press release. The CUSD comes four months after the firm launched CADT, a stablecoin that is pegged to Canada’s national currency. CUSD will be pegged 1:1 with the USD. This new stablecoin is especially useful for cross border ...
Blockchain Venture Capital, the Canadian blockchain research firm, launched a United States dollar‑pegged stablecoin, according to a press release.
The CUSD comes four months after the firm launched CADT, a stablecoin that is pegged to Canada’s national currency. CUSD will be pegged 1:1 with the USD. This new stablecoin is especially useful for cross border transactions between the U.S. and Canada.
By Roland James
Tags: BVCI,Cryptocurrency,CUSD,Stablecoin,USD
Link: Blockchain Venture Capital Launches USD Backed Stable Coin [Copy]