CNUSD – The Base Currency of the CNBM Ecosystem
Introduction
CNUSD is the official base currency of the CNBM ecosystem, pegged to the U.S. Dollar.
Designed under the Dual Value Tokenization Model (DVTM) and backed by fully on-chain, auditable collateral, CNUSD offers a real, verifiable stability independent of fiat promises. It is a true digital money unit, purpose-built for a decentralized economy.
In the CNBM ecosystem, CNUSD serves not only as a stable medium of exchange and payment tool across all modules but also as the monetary backbone of the system—enabling regional currency issuance, liquidity management, settlement operations, and acting as the fundamental financial benchmark.
CNUSD Access for End Users
User Accessibility
For end users, CNUSD is directly available just like any conventional stablecoin or digital currency, without requiring any interaction with technical processes like minting or collateralization.
CNUSD can be easily accessed and traded through official liquidity pools, centralized exchanges (CEXs), and decentralized exchanges (DEXs). Users simply hold and use CNUSD, while benefiting from the first real, verifiable, and fully decentralized stablecoin.
The transfer fee for CNUSD is fixed at 0.25% across all supported networks.
Minting Process and Minter Participation
Minter Role
Minters are the participants who lock their volatile assets in DecenBank smart contracts and mint CNUSD.
Alongside CNUSD, they receive Residual Claim (RC) tokens representing the remaining value of their locked assets. Thus, minters act as real stakeholders in the CNBM ecosystem, directly benefiting from the system's growth and stability.
This ownership structure incentivizes strong, continuous support for CNUSD by its original minters.
Unified Nature of CNUSD Across Blockchains
Cross-Chain Functionality
The nature and functionality of CNUSD are identical across all blockchains.
A CNUSD token, whether minted or bridged from another blockchain, maintains full interoperability and can be used for redemption of the original underlying asset without restriction.
This unified design ensures CNUSD operates as a true independent currency, regardless of the network it resides on.
Ultra-High Collateralization
Example:
CNUSD maintains one of the highest collateralization levels among all digital assets.
For example, on the BNB Chain:
- Each CNUSD is initially backed by 1 full BNB unit.
- If the price of BNB is $500 and there are 1,000,000 CNUSD tokens in circulation:
- Collateral Value = 500 × 1,000,000 = 500,000,000 USD
Thus, the real collateral backing exceeds the circulating CNUSD supply many times over, offering unparalleled security for users.
A True Alternative to Fiat and Conventional Stablecoins
Key Advantages
Unlike traditional fiat currencies and most existing stablecoins (e.g., USDT, USDC), CNUSD is the first real monetary unit where:
- The minting, collateralization, and redemption processes are fully transparent, real, and permissionless.
- Any user can unlock the underlying asset by simply returning 1 CNUSD + the matching RC token.
- No reliance on banks, centralized authorities, or synthetic mechanisms is required.
CNUSD is money reimagined for an open, decentralized world.
The Role of Other Components in the Ecosystem
Ecosystem Integration
For regular users, CNUSD operates as a fully independent and self-contained digital currency.
Other ecosystem components such as RC tokens, DecenBank, and FBank are mainly used by system builders, minters, and maintainers to support issuance, stability, and resilience. End users do not need to interact with or manage these technical components to use CNUSD effectively.
Frequently Asked Questions (FAQ)
Final Summary
Conclusion
CNUSD is not just another stablecoin. It is the future of money in a decentralized economy.
CNUSD: money without intermediaries, without promises, without limits.