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Market cap rank
147
Market cap
258,456,323
Circulating supply
258,333,285
Max supply

About crvUSD

crvUSD is a collateralized-debt-position (CDP) stablecoin pegged to the US Dollar. It operates within multiple blockchain ecosystems including Ethereum, BNB Chain, Polygon, Gnosis Chain, Arbitrum, Optimism, Base, and Fraxtal. As a stablecoin, it aims to maintain a stable value relative to the US dollar through over-collateralization and decentralized mechanisms.

  • crvUSD is deployed on over 10 different blockchain ecosystems.
  • It is categorized as both a crypto-backed and fiat-backed stablecoin.
  • The stablecoin is part of the Curve Finance ecosystem.
  • crvUSD uses a CDP model similar to MakerDAO's DAI.

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