logo

CUSD stablecoin introduced by Canadian blockchain enterprise

CUSD stablecoin introduced by Canadian blockchain enterprise

Blockchain Venture Capital Inc. (BVIC), the largest blockchain enterprise in Canda, has officially launched the CUSD stablecoin.

This announcement comes soon after the company also launched the CADT stablecoin, which is tied to the Canadian dollar.

CUSD stablecoin

The CUSD stablecoin is tied to the United States dollar, and the main goal behind this new coin is to facilitate trade between Canada and the United States.

BVIC is the largest enterprise in the industry, and the company projects are often regarded as game-changers.

The introduction of the CUSD stablecoin is an attempt to make the cryptocurrency communities in Canada, and the United States work better together. This new altcoin will present better trade opportunities and will make the crypto industry in both countries work in unison. 

To make the altcoin even more secure, BVIC has entrusted a financial institution in the United States with the escrow management of the CUSD stablecoin.

About BVIC

The CUSD stablecoin is just the latest project of BVIC. The company has secured a place in the top blockchain enterprises in Canda because it constantly outputs valuable products for their customers.

The core goals of the company are to boost blockchain and cryptocurrency research in the country, and also to provide easy access to blockchain services. 

BVIC has released a plethora of products in the field. The company has its own mobile payment processing system called BvcPay, and a decentralized, open-source blockchain network called BVC-Chain.

With the introduction of both the CUSD and the CADT stablecoin, BVIC is looking to strengthen its positioning in the market, and offer customers even more services.

Featured Image by Pixabay

Tina Yordanova

Tina Yordanova

Back from her stint with European Central Bank, Morgan Stanley, Barclays, Societe Generale, Hilton Hotels, and Aviva International, Tina rejoins Cryptopolitan with a deeper insight regarding the financial world, blockchain enterprises and institutions and practices involved in it. She is eager to share her rounded perspective honed from the biggest media analysis companies on the Balkans.

Related News

Hot Stories

Bitcoin, Ethereum, Polygon, and Shiba Inu Daily Price Analyses – 13 August Roundup
Cardano price analysis: ADA rides bullish wave as buyers target $0.58 next
Dogecoin price analysis: DOGE swiftly reacts at $0.075 again, another move lower next?
Bitcoin price analysis: BTC ready for big short as bulls knock on $25k
CFTC charges Ohio Man for running a $12M BTC Ponzi scheme

Follow Us

Industry News

Vauld fights back after ED freezes its $46M assets
UnionBank launches in-app crypto exchange
Huobi`s crypto mogul seeks to sell his stake for $3B
Are gaming NFTs dead?
MakerDAO is “seriously” considering moving away from USD