Giuseppe
Wed Aug 21 2024
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6 answers
1398
Is cUSD an algorithmic stablecoin?
Could you please clarify if cUSD is indeed an algorithmic stablecoin? I'm interested in understanding the mechanisms behind its stability and how it differs, if at all, from other types of stablecoins that rely on different methods to maintain their peg to a fiat currency or other asset. Additionally, I'd like to know if there are any unique features or advantages that cUSD offers as an algorithmic stablecoin in the cryptocurrency and finance space.
