XUSD (BabelFish) XUSD
1. Summary
- Description
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XUSD (BabelFish)
XUSD (BabelFish)
XUSD is a meta-stablecoin protocol designed to aggregate and distribute stablecoins in a decentralized manner. It aims to enhance multi-chain stablecoin flow and accelerate hyper-bitcoinization. The project supports multiple blockchain networks, including Ethereum, Rootstock (RSK), and Binance Smart Chain (BSC).
XUSD, the native stablecoin of Babelfish, is backed 1:1 by other stablecoins. This meta-stablecoin can be thought of as a decentralized bank for stablecoins, accepting deposits and withdrawals across different blockchain chains. The Babelfish protocol seeks to create a decentralized aggregator and distributor of stablecoins, allowing users to seamlessly convert their stablecoins between chains while potentially earning yield on their deposits.
The community-driven Babelfish DAO focuses on researching, developing, and marketing sustainable stablecoin solutions. It aims to integrate with various lending protocols on different chains to optimize stablecoin usage and promote widespread adoption.
Overall, XUSD and the Babelfish protocol work towards creating a unified and accessible stablecoin ecosystem, enhancing liquidity and utility across various blockchain platforms.
| Price | |
| 52W High price | $1.01 |
| 52W High date | 14th Mar 2024 (1 year ago) |
| All Time High (ATH) Date | 5th Aug 2024 (9 months ago) |
| ATH Price | $1.05 |
| % From ATH | -6.08% |
| All Time Low (ATL) Date | 30th Dec 2022 (2 years ago) |
| ATL Price | $0.80 |
| % From ATL | 24.06% |
| Supply & Trading Volume | |
| Trading Volume (24h) | $40,610.00 |
XUSD
How does XUSD (BabelFish)'s (XUSD) performance compare to the median performance for assets of a similar market capitalization?
30 Day Return
-0.1%
XUSD
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Similar Market Cap
60 Day Return
1.1%
XUSD
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Similar Market Cap
1 Year Return
-0.2%
XUSD
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Similar Market Cap
No GitHub repos found. Either the project is not open source or we don't have data yet.
Tip: Toggle each network by clicking the name above
Historic data is only available from 22nd April 2022
Total Followers
| Reddit Subscribers | |
|---|---|
| Active Reddit Users (past 24h) | |
| Discord users | |
| Active Discord Users | |
| Telegram Users | 1,050 |
| Twitter followers | 2,962 |
No recent news found.
Always do your own research (DYOR) before making any investment. Here's some links you might find helpful:
| Website | https://babelfish.money/ |
|---|---|
| Explorer | https://explorer.rsk.co/address/0xb5999795be0ebb5b... |
| @babelfishmoney |
What is the correct contract address for XUSD (BabelFish)?
| Rootstock | 0xb5999795be0ebb5bab23144aa5fd6a02d080299f |
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Has XUSD (BabelFish) been audited for security?
No security audits found for this project.
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