Coin98 announced in its statement that it is launching CUSD as a decentralized stablecoin.
Coin98 is a platform that supports more than twenty Blockchains and their native tokens and presents them to the experience of its users. Powered by the native C98 token launched through an international exchange, the Coin98 network aggregates liquidity from multiple decentralized exchange (DEX) protocols for its services such as cross-chain borrowing, lending, token swaps.
Coin98 Releases Decentralized Stablecoin CUSD
Coin98, which offers multiple crypto money services, announced in its latest statement that it has launched CUSD, the decentralized stablecoin it has been working on for a long time.
Adding a new one to its products, Coin98 has launched the decentralized stablecoin CUSD. The firm shared its mission on CUSD in a statement.
The company said in the statement:
“Since the early days of Coin98, our mission has been to create open financial infrastructures for a multi-chain world where anyone can easily access decentralized finance (DeFi) without messing with Blockchain know-how.”
In addition to these, the text of the explanation also included:
“After our mission, we continued our work and started to build the foundation from scratch. The first block was Coin98 Wallet, our leading multi-chain wallet with over 5 million users accessing 50+ supported Blockchains simultaneously. We then proceeded to build Coin98 Exchange, a cross-chain aggregator protocol that handled over $1 billion in volume last year. Today, we are excited to introduce the next building block in our ecosystem, Coin98 Dollar, also known as CUSD, a brand new cryptocurrency for the cross-chain economy.”
26922
