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Sonic USD scUSDPrice $ 1.00
Rank: 778
scUSD Price
General Info
Contracts/Explorers:
Sonic
Sonic USD (scUSD) Chart
scUSD to USD Converter
scUSD
What is Sonic USD (scUSD)?
Sonic USD (scUSD) is a decentralized cryptocurrency that functions as a stablecoin, aiming to maintain a value closely pegged to the US dollar. It operates primarily on the Ethereum blockchain and the Sonic blockchain, leveraging the security and efficiency of these networks.
Key Characteristics:
Yield-Bearing Token: Unlike traditional stablecoins, Sonic USD is classified as a yield-bearing token. This means that holders may earn interest or rewards over time, enhancing the utility of holding this cryptocurrency.
Governance Participation: Users can lock their Sonic USD tokens to gain governance rights within the Rings ecosystem. This allows them to participate in decision-making processes regarding the development and management of the platform, fostering community engagement.
Sonic USD Price Today
Sonic USD's current price is $ 1.00, it has increased +0.45% over the past 24 hours.
Sonic USD's All Time High (ATH) of $ 1.06 was reached on 25 Mar 2025, and is currently -5.58% down.
The current circulating supply of Sonic USD is 29.27 Million tokens, and the maximum supply of scUSD is unlimited.
Sonic USD’s 24 hour trading volume is $ 982.36 Thousands.
Sonic USD's current share of the entire cryptocurrency market is 0.00%, with a market capitalization of $ 29.37 Million.
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