Express

Blockchain Venture Capital Launches USD Backed Stable Coin

Roland James

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

Last Update:

Tags: ,,,,
Link: Blockchain Venture Capital Launches USD Backed Stable Coin   [Copy]
  • The GENIUS Act & Stablecoin Regulation: BRG's Dominic Zagara on Crypto's Defining ... 19 minutes ago
  • Bitcoin Weekly Analysis: Volume-Price Divergence and High-Level Consolidation Anticipat... 3 days ago
  • Will Introduction of the Stablecoin Act Trigger a Financial Tsunami? 4 days ago
  • Trump Just Opened the Floodgates: What Happens When $9 Trillion in Retirement Money Hit... 7 days ago
  • US Crypto Stash Shock: Marshals' Low BTC Count Fuels 'Secret Sale' Debate, Ignites Buyb... 8 days ago
  • You need to login to comment.