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View ChartCurrency One USD (C1USD) is a stablecoin issued by Kinesis Money Panama S.A., designed to maintain a 1:1 peg with the United States dollar. Each C1USD token is backed by a corresponding asset reserve held with regulated financial institutions. The token operates on a multi-chain architecture from launch, utilising both the Stellar network and Ethereum as an ERC-20 token. This dual-chain approach combines Stellar's low-cost settlement capabilities with Ethereum's broad compatibility across EVM networks and decentralised applications.
C1USD represents the first asset in the Currency One Suite, a family of single-currency stablecoins that includes C1GBP, C1EUR, C1AUD, C1CAD, C1CHF, C1AED, C1SGD, C1JPY, and C1MXN. The token launched in 2025, with its creation date recorded as approximately August 2025. The total supply is reported at 2.5 billion C1USD, with a self-reported circulating supply of 2.55 billion. The project is positioned as a stable digital asset for everyday spending, sending, and trading within the Kinesis ecosystem and broader DeFi landscape.
Currency One USD is issued and managed by Kinesis Money Panama S.A., also referred to as Kinesis Panama. This entity is responsible for the issuance, management, and overall oversight of C1USD within the Kinesis ecosystem. The project documentation identifies Kinesis Panama as the sole issuer for the entire Currency One Suite of stablecoins. Detailed public information regarding the specific individuals, founders, or development team members behind the project is currently limited. The project maintains an official presence through its websites at kinesis.money and currency.one, as well as social channels referenced on CoinMarketCap and Phantom.
C1USD operates as an asset-backed stablecoin with a 1:1 peg to the US dollar. Every token in circulation is backed by a corresponding reserve held with regulated financial institutions. These reserves are subject to monthly attestations, and an insurance structure is set to be introduced to provide additional protection of the peg. The token functions on two blockchain networks: Stellar and Ethereum. On Stellar, C1USD benefits from fast, low-cost sending and settlement capabilities. On Ethereum, the ERC-20 standard ensures compatibility with a wide range of wallets, exchanges, smart contracts, and decentralised applications.
Within the Kinesis ecosystem, verified users can earn an introductory variable yield on C1USD balances held in their accounts. This yield is attached to the verified account rather than the token itself, and it carries no lock-up period, allowing users to retain full liquidity. The token is fully fungible and designed for interoperability across EVM networks, enabling its use in various DeFi strategies and as a stable trading pair against assets such as gold (KAU) and silver (KAG).
C1USD distinguishes itself through several features. It is set to become the first stablecoin incorporating an insurance wrapper structured to ensure a one-to-one peg with the US dollar, adding a layer of protection beyond standard reserve backing. The multi-chain architecture from launch provides both the efficiency of Stellar for low-cost transfers and the versatility of Ethereum for smart contract integration.
The yield mechanism offers verified Kinesis users an introductory variable yield on their C1USD balances without requiring lock-ups, meaning users can earn rewards while maintaining full access to their funds. This structure attaches yield to the account rather than the token, creating an incentive for users to hold C1USD within the Kinesis ecosystem. Additionally, C1USD is the first in a suite of ten single-currency stablecoins, positioning it as a foundational asset for a broader multi-currency stablecoin framework. The project has received a Weiss Crypto Rating of S and a CertiK rating of 3.4, reflecting third-party assessments of its profile.
C1USD serves multiple functions within the Kinesis ecosystem and the wider cryptocurrency market. It acts as a stable trading pair against gold (KAU), silver (KAG), and other digital assets, allowing traders to move in and out of positions without converting to fiat currency. The token is designed for day-to-day use, including spending, sending, and trading, providing a stable medium of exchange for routine transactions.
Verified Kinesis users can hold C1USD in their accounts to earn an introductory variable yield of 7.5% APY, with no lock-up period. The token's ERC-20 compatibility enables its use in DeFi strategies, including lending, borrowing, and liquidity provision on EVM-compatible networks. C1USD can be stored and managed through wallets such as MEW Wallet (MyEtherWallet) and Phantom, and it is available for swapping via Onchain, Crypto.com's official decentralised product. The token also supports conversions to a range of fiat currencies including AUD, BRL, CAD, EUR, GBP, HKD, RUB, SGD, TWD, and KRW.
The C1USD ecosystem is in a phased rollout stage. The token is available through the Kinesis platform and is set to be listed on selected partner exchanges as part of its broader distribution strategy. Active markets for C1USD number 37 according to LiquidityFinder, with top trading pairs concentrated on the Kinesis Money platform, including KAU/C1USD, KAG/C1USD, ETH/C1USD, KVT/C1USD, and BCH/C1USD.
The Currency One Suite is expanding to include stablecoins pegged to the British pound, euro, Australian dollar, Canadian dollar, Swiss franc, UAE dirham, Singapore dollar, Japanese yen, and Mexican peso, all issued by Kinesis Panama. Wallet support is growing, with integration into MEW Wallet, Phantom, and Enkrypt. The project is also pursuing DeFi integration through its ERC-20 compatibility and multi-chain presence on Stellar and Ethereum. Community engagement is maintained through social channels including Telegram and X, as well as a CoinMarketCap community page.
C1USD is not a mineable cryptocurrency. As a stablecoin issued by Kinesis Money Panama S.A., it is created through a centralised issuance process rather than through proof-of-work or proof-of-stake consensus mechanisms. New tokens are minted by the issuer in accordance with reserve backing requirements, and every C1USD is backed by a 1:1 asset reserve held in regulated financial institutions.
Instead of mining, users can earn rewards through a yield mechanism. Verified Kinesis users can earn an introductory variable yield of 7.5% APY on all C1USD held in their accounts. This yield is distributed monthly, carries no lock-up period, and allows users to retain full liquidity. The yield is attached to the verified account rather than to the token itself. Users who wish to acquire C1USD can do so through the Kinesis platform or supported cryptocurrency platforms, including Phantom.
Storing C1USD safely requires attention to both the token's smart contract and the wallet used for custody. On Ethereum, C1USD is an ERC-20 token with the contract address 0x40caa7912437002ee2c8415d43e7f575c733674c. Users should always verify this address before interacting with the token to avoid counterfeit contracts. Phantom has issued a token verification warning, noting that the token is unverified and advising users to only interact with tokens they trust.
For custody, MEW Wallet (MyEtherWallet) provides an interface for storing, swapping, sending, and receiving C1USD, and offers a mobile wallet installation. Phantom also supports buying and selling C1USD. Users should consider using hardware wallets for larger holdings and should never share private keys or seed phrases. Since reserves are held with regulated financial institutions and subject to monthly attestations, the token's backing is a key security consideration. Additionally, the project plans to introduce an insurance structure to further protect the peg. Regular monitoring of official project channels for updates on attestations, insurance implementation, and exchange listings is advisable for maintaining secure holdings.
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Thank you for your interest in BTCC. Currently, spot and futures trading services for C1USD are not supported. As a leading digital asset platform, BTCC is committed to providing a secure and stable trading environment. We recommend completing your account registration and identity verification (KYC) to explore other premium assets and exclusive benefits available on BTCC.
As of right now, the live price of Currency One USD (C1USD) is ₹94.7022. Its market price fluctuates in real time based on overall supply and demand, and you can check the updated C1USD to USD rate at the top of BTCC’s price page. In terms of market scope, Currency One USD records a 24h trading volume of ₹1.140524 Crore (reflecting total buying and selling activity over the last 24 hours), with a total market cap of ₹24,010.519639 Crore. Its current circulating supply stands at -- out of a maximum supply cap of ∞.
The price volatility of Currency One USD (C1USD) is essentially driven by market supply and demand dynamics. Key factors behind its price movements include: 1) Global macroeconomic conditions and sentiment, such as RBI or US Fed interest rate decisions; 2) Tokenomics, including the ratio of circulating supply (--) to max supply (∞), as well as token unlocks and burn mechanisms; 3) Fundamental developments, such as ecosystem expansion, on-chain activity, and core protocol upgrades; and 4) Derivatives market dynamics, including leverage battles and liquidation cascades in perpetual contracts.
Looking at its historical price performance, Currency One USD (C1USD) hit an all-time high (ATH) of ₹148.365668 on 2025-12-10 21:45, representing the peak of market sentiment. Conversely, its all-time low (ATL) was recorded at ₹70.085237 on 2026-01-25 07:45. Note that historical highs and lows reflect past performance only and do not guarantee future price trends; investment decisions should always align with live market conditions and your personal risk tolerance.
When trading C1USD futures on BTCC, technical chart analysis begins with identifying key support and resistance levels on 1D and 4H charts using historical price pivots. Next, apply MA/EMA indicators to gauge trend directions, alongside RSI (values above 70 indicate overbought conditions, while below 30 suggest oversold levels). Always validate breakout signals with the 24h trading volume (₹1.140524 Crore), as price breakouts accompanied by strong volume offer higher reliability.
Unlike spot trading where you can only profit from rising prices, BTCC’s C1USDUSDT perpetual contracts support two-way trading. If you anticipate a price decline for Currency One USD, simply log into your BTCC account with USDT margin available, navigate to the C1USDUSDT pair, set your desired leverage and Take-Profit/Stop-Loss levels, and click "Sell/Short". Once the price drops to your target, close your position to lock in profit from the price difference.
Yes. BTCC offers flexible, high-tier leverage options for C1USDUSDT perpetual futures, providing up to 500x leverage (maximum leverage limits may vary depending on liquidity). While leverage boosts capital efficiency by allowing you to control larger position sizes with less margin, it also amplifies liquidation risks proportionately. BTCC strongly advises using Stop-Loss orders to strictly manage risk when trading with high leverage.
Beginners and traders testing new strategies can switch to BTCC's "Demo Trading" mode with a single click on the App or Web interface. The demo account comes pre-loaded with risk-free virtual funds (such as 100,000 USDT). Powered by live market prices (current price: ₹94.7022), you can practice opening/closing positions, adjusting leverage, and setting TP/SL for C1USDUSDT with zero financial risk.
Trading Currency One USD (C1USD) on BTCC requires just 4 simple steps: 1) Register a BTCC account and complete basic Identity Verification (KYC); 2) Buy USDT using fiat via credit card/express payment, or deposit USDT/BTC directly from an external wallet; 3) Navigate to the Futures section, search for C1USDUSDT, and review its live price (₹94.7022) and chart; 4) Select your margin mode and leverage, choose "Buy/Long" or "Sell/Short" based on your market outlook, set TP/SL orders, and confirm your trade.
Cryptocurrency prices are subject to high market risk and price volatility. You should only invest in products that you are familiar with and where you understand the associated risks. The content expressed on this page is not intended to be and shall not be construed as an endorsement by BTCC regarding the reliability or accuracy of such content. You should carefully consider your investment experience, financial situation, investment objectives, and risk tolerance, and consult an independent financial adviser before making any investment. This material should not be construed as financial advice. Past performance is not a reliable indicator of future performance. The value of your investment can go down as well as up, and you may not get back the amount you invested. You are solely responsible for your investment decisions. BTCC is not responsible for any losses you may incur. For more information, please refer to our Terms of Use and Risk Warning. Please also note that data relating to the above-mentioned cryptocurrency presented here (such as its current live price) are based on third-party sources. They are presented to you on an “as is” basis and for informational purposes only, without representation or warranty of any kind. Links provided to third-party sites are also not under BTCC’s control. BTCC is not responsible for the reliability or accuracy of such third-party sites or their contents.
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