TagsCrypto-Backed StablecoinsU.S. Dollar Stablecoin
crvUSD in numbers
crvUSD ranks #7890 by market capitalization, at $210.35M. It belongs to the Stablecoins sector (Crypto-Backed Stablecoins). It has traded since May 16, 2023, across 74 markets on 8 exchanges, with $18.67M of volume in the last 24 hours. Its all-time high of $1.57 was reached on Aug 30, 2023; the current price is 36.2% below that peak. Its cycle low of $0.888211 came on Dec 16, 2023.
149.81M CRVUSD are in circulation. On Ethereum, 96,221 addresses hold CRVUSD. It is available on 8 networks.
About crvUSD
crvUSD is a USD-pegged stablecoin that is minted on the Ethereum network by a decentralized protocol developed by Curve Finance. Users can mint crvUSD by posting collateral and opening a loan within the protocol. If a user wants to unlock the collateral used for a loan, they must pay back the loan using crvUSD tokens