Quote from: kaneki007 on February 21, 2020, 10:56:16 AM

Quote from: bitcointokenbtct on February 21, 2020, 01:03:59 AM

$cUSD is now listed to Medium starBancor
@Bancor
we are excited the more liquidibility we gain the more we will be integrated into their services. https://bancor.cotrader.com/#/trade

#cusd #cusdcurrency #bancor

Is this really stable? I tried converting cusd to several tokens and I was a little surprised that almost all of the rates for exchanging cusd were 0.1$. Will there be an action from the team regarding this matter so that the price of this cusd is stable like most other stable coins?

The reason we say we are in the "family of stable coins" is that we are not a speculative currency but one geared towards everyday transactions so the price will therefore be more stable once we reach that phase. I believe we should be anywhere from the .02 to $1 range. Whereever the community settles the price once it starts to be used as a medium of exchange.

Also we are different as tether and other big stable coins are owned by companies but we are decentralized and airdropping large volumes of cUSD so that it will be in the hands of the people in the end. Of course there is always chance to make a profit like right now the price is very low, and there will be a small IEO to help cover gas costs to send to over 1 million on the ETH chain. But our main goal is to distribute it out to the people to be used as a "currency".