Viction Takes a Stable Step with CUSD: A New Era of Trust and Opportunity

Wisdom Oguzie
2 min readDec 26, 2023

Viction, the people-centric blockchain known for its zero-gas transactions and enhanced security, welcomes a new resident: CUSD, the fully-backed US Dollar stablecoin. This partnership unlocks exciting possibilities for users and developers alike, paving the way for a more stable, accessible, and diverse Viction ecosystem.

CUSD: A Foundation of Trust and Convenience

Issued by Stably and backed by Ninety Eight, CUSD brings the stability of the US Dollar to the Viction platform. Its 1:1 reserve ratio ensures trust, while it's Near-Zero-Cost transfers and fast settlement times through the VRC25 standard offer unmatched convenience. Whether you’re looking for a secure savings haven or a seamless gateway to the Viction network, CUSD has you covered.

Unlocking New Use Cases and Possibilities:

With CUSD on board, the Viction ecosystem expands its horizons. Now you can:

  • Effortlessly buy and sell CUSD: Seamless fiat on-ramp and instant swaps with other stablecoins open doors to a world of opportunities within Viction.
  • Trade with confidence: CUSD’s stability provides a secure foundation for exploring Viction’s diverse trading options.
  • Borrow and lend with ease: CUSD’s integration opens up future possibilities for decentralized finance within the Viction platform.
  • Store savings securely: Ditch the traditional bank and hold your digital dollars with confidence on Viction.

Beyond CUSD: Bridging the Blockchain Landscape

Viction’s commitment to interoperability goes further. Plans for bridging tools are underway, allowing you to seamlessly move CUSD and other stablecoins across various blockchain networks. This opens doors for even more diverse activities like cross-chain trading, lending, and borrowing, expanding your reach and opportunities within the wider blockchain world.

CUSD on Viction: A Catalyst for Growth and Trust

The arrival of CUSD is more than just an addition to the Viction ecosystem. It’s a statement of commitment to stability, trust, and accessibility. With CUSD’s foundation and Viction’s dedication to innovation, the future looks bright for a more open, secure, and diverse Web3 experience for all.

About CUSD:

  • Fully-backed US Dollar stablecoin by Stably and Ninety-Eight
  • 1:1 reserve ratio backed by bank deposits, money market instruments, and USDC
  • Near-zero-cost transfers and fast settlements
  • Secure and transparent infrastructure

About Viction:

  • People-centric layer-1 blockchain
  • Zero-gas transactions and enhanced security
  • Fast transaction speeds and scalability
  • Building a more open and secure Web3 world

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Wisdom Oguzie
Wisdom Oguzie

Written by Wisdom Oguzie

GRAPHIC DESIGNER. BLUZELLE AMBASSADOR . OASIS EVANGELIST .

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