Introducing CUSD

Introducing CUSD, the first Viction stablecoin redeemable 1-to-1 for US dollars

Supported Network


How to Buy & Sell CUSD

Create a Stably Ramp account and complete user onboarding.

Follow this guide on how to open a Stably Ramp account.

Follow this guide on how to buy digital assets (including CUSD).

*Note: CUSD is not available for US citizens/residents.


CUSD, built upon the Viction blockchain, is a stablecoin created by Stably in partnership with Coin98. The collateral of CUSD is held in bank deposits, money market instruments, and USDC by a designated trustee for the benefit of verified CUSD token holders. Additionally, periodic attestations shall be performed by an independent attestor to verify that every CUSD token in circulation is fully backed with collateral.

With CUSD, anyone in the world can easily on-ramp from fiat and stablecoins on other networks to Viction, settle payments or cross-border remittances near-instantly, and interact with Web3 applications within the Viction ecosystem.

Statements & Attestations

Stably recognizes that stablecoins require a high standard of public transparency for consumers and businesses to build trust. As a result, we have engaged with a leading stablecoin attestor, The Network Firm, to perform quarterly attestations and verify that the supply of circulating USDS tokens (including white-label versions of USDS such as CUSD and ZUSD) is fully backed 1-to-1 with collateral assets held by our regulated partner(s) and designated trustee(s). Additionally, we will publish statements of accounts where collateral assets are held on a monthly basis.

The Network Firm conducts an attestation for the previous quarter on the first month of each new quarter. Prior to The Network Firm, attestation services were provided by Cohen & Co. Prior to July 2023, attestation reports were performed for “Stably USD Classic” (USDSC), a previous version of USDS that has been discontinued (including white-label versions of USDSC), on a monthly basis.

2018                       Dec (A)
2019 Jan (A) Feb (A) Mar (A) Apr (A) May (A) Jun (A) Jul (A) Aug (A) Sept (A) Oct (A) Nov (A) Dec (A)
2020 Jan (A) Feb (A) Mar (A) Apr (A) May (A) Jun (A) Jul (A) Aug (A) Sept (A) Oct (A) Nov (A) Dec (A)
2021 Jan (A) Feb (A) Mar (A) Apr (A) May (A) Jun (A) Jul (A) Aug (A) Sept (A) Oct (A) Nov (A) Dec (A)
2022 Jan (A) Feb (A) Mar (A) Apr (A) May (A) Jun (A) Jul (A) Aug (A) Sept (A) Oct (A) Nov (A) Dec (A)
2023 Jan (A) Feb (A) Mar (A) Apr (A) May (A) Jun (A) Jul* Aug* Sept* Oct (S) Nov (S) Dec (S)
2024 Jan (S) Feb (S) Mar (A/S) Apr (S) May (S) Jun (A/S) Jul (S) Aug (S) Sept (A/S) Oct (S) Nov (S) Dec (A/S)

*Note: Attestation halted due to no material changes since June 2023 (click here for more information).

(A) = Attestation, (S) = Statement