A stablecoin pegged to the US dollar, but aimed at the Canadian market, has been officially launched by Blockchain Venture Capital, Inc. CUSD Combines US Dollar Backing with Canadian Demand CUSD is the newest fiat-based stablecoin backed by the greenback, and secured by a US-based banking institution. New coins are only issued corresponding to funds in a dedicated escrow account. At the official launch, 100 million CUSD was issued. The CUSD stablecoin is different fromRead MoreThe post Canadian Stablecoin CUSD Officially Launched by BVCI appeared first on Bitcoinist.com.
