US Regulation-ready, 1:1 fully collateralized with US dollars, optimized for enterprise

The csprUSD stablecoin is a US dollar-backed stablecoin that is designed to be regulation-ready for companies working in the US. Mirroring the industry-leading security and function of USDC, csprUSD is built on the trusted USDC smart contract and offers true “cash-in-bank” collateralization and security that can only come from US-regulated baking partners.

Why Businesses Choose CSPRUSD

  • Regulation-Ready

    Institutional Traders and Exchanges can minimize compliance risk by using a token that was designed to be future-proofed for upcoming US regulation.

  • Instant Settlement

    csprUSD transactions can settle in seconds worldwide. All day, every day.

  • Global Access

    Any business or person with an internet connection and digital wallet can send and receive csprUSD.

About csprUSD

The Stablecoin Consortium Association leads in developing the csprUSD, a fiat-backed stablecoin crucial for Casper. csprUSD acts as a foundational asset for decentralized finance (DeFi) protocols and facilitates immediate on-chain transactions. We employ contemporary collateralization strategies based on the latest U.S. regulatory guidelines to maintain compliance consistently. Our goal is to drive scalable expansion and adoption across the entire Casper ecosystem.

Resources

Proof of Reserves

(Public Proofs Coming Soon)

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Brought to you by Sarson Funds

FAQ

  • Any business entity that passes our KYC process with Blockpass is eligible to mint or redeem csprUSD tokens.

  • Expect a thorough csprUSD application KYC review with the team at Blockpass, including ID verification and sanctions screening.

  • csprUSD can be traded by anybody on decentralized exchanges like friendly.market.

  • Each csprUSD token has a value of 1 US Dollar, and can be exchanged on Casper network with no cost but gas fees. Minting or redeeming coins costs 10bps of the amount desired.