Supported Collateral
Last updated
Last updated
Our vision is for $USC to be an overcollateralized stablecoin backed by multiple collateral types. At launch, CDCETH was the first collateral to be supported. We’ve since expanded support to include cdcBTC and LCRO, offering users greater flexibility and utility.
CDCETH is a type of receipt token representing staked Ether (ETH) and any accrued staking rewards. Read more about the token .
CDCBTC is a token backed 1:1 by native Bitcoin (BTC), with the underlying BTC securely held in cold storage under Crypto.com’s custody. Read the whitepaper .
LCRO is a liquid staking token that represents staked CRO through Veno. It is a yield-bearing, auto-compounding asset, allowing users to passively earn staking rewards. Read more .