Cryptos: 9 180
Exchanges: 4
Market capitalization: $3.63T
CryptocurrenciesCoinsElectronic USDabout
Currency icon

Electronic USD
EUSD

About Electronic USD

The Electronic Dollar (eUSD) is a decentralized stablecoin, pegged 1:1 to the US dollar and backed by assets. Built using the Reserve Protocol, it operates on Ethereum and MobileCoin. Unlike other stablecoins, eUSD emphasizes decentralization, community governance, and censorship resistance. Key features include a USD peg, 24/7 on-chain proof of reserves, 1:1 backing by a diversified portfolio of yield-generating stablecoins (aUSDC, aUSDT, cUSDC, cUSDT), censorship resistance through derivative assets from Aave and Compound, and decentralized community governance with over-collateralization.

Interested To Stay Up-To-Date With Cryptocurrencies?

Get the latest crypto news, updates and reports by subscribing to our Telegram updated channel!

CMC.IO provides a fundamental analysis of the crypto market. In addition to tracking price, volume and market capitalization, CMC.IO tracks community growth, open-source code development, major events and on-chain metrics.

Products

Assets

Exchanges

RESOURCES

Listing agency

Community

Telegram chat

Telegram news

X/Twitter

Support

Request form

Customer support

Telegram chat

Telegram news

Twitter (X)

IMPORTANT DISCLAIMER: All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms "Site" is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.

© 2023 CMC.IO. All rights reserved