iUSD current price is $0.92.

iUSD current price is $0.92 with a marketcap of N/A. Its price is 1.04% up in last 24 hours.

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    iUSD (IUSD)
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More Info About Coin

iUSD is Cardano s first fault-tolerant and fully collateralized native stablecoin released in November of as part of Indigo Protocol v iUSD is pegged to the median value of USDC TUSD and USDT this design allows iUSD to maintain its peg even if one of the three stablecoins USDC TUSD and USDT depegs The Indigo Protocol is a CDP Collateralized Debt Position based DeFi protocol that brings capital-efficient synthetic assets to the Cardano ecosystem Users can purchase iUSD from a DEX just like any Cardano native asset or can mint iUSD within the Indigo Protocol by depositing ADA as collateral When users mint iUSD within the Indigo Protocol they must deposit sufficient ADA such that their CDP remains above the applicable Minimum Collateralization Ratio MCR - meaning a user deposits collateral in the form of ADA that ensures over-collateralization If the value of a user's ADA collateral begins to decrease... Read More

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