QUSD (QUSD)

What Is QIAN Protocol (QUSD)?

QIAN is a stablecoin protocol based on Ethereum. It provides a one-stop liquidity solution for mainstream cryptoassets. It is committed to providing users with immediate access to liquidity by the assets they hold with low risk, no cost, and no loss of ownership. Users can lock their cryptoassets (such as ETH, HBTC, WBTC, USD stablecoins, mainstream exchange platform tokens, etc.) to the protocol and mint the stablecoin QUSD, the stablecoins can also be returned to smart contracts to redeem their assets.

QUSD is the first stablcoin issued by QIAN protocol, which was launched in September 2020.

How Many QUSD Are There in Circulation?

QUSD was launched in September 2020 with over $55.91M circulating at its peak. The supply of QUSD is currently ~$19.82M. QUSD can be traded on Balancer, s.finance on Ethereum, and on bStable, Equator on BSC network.

What Makes QUSD Unique?

QIAN protocol was developed and constructed by the QIAN governance committee, and will gradually transform into complete community-based governance.

QIAN has made innovations based on the design of stablecoins such as MakerDAO and KAVA, and introduced automated risk control adjustment and smooth debt settlement mechanisms to reduce risks under extreme market conditions.

QIAN protocol provides a set of open architecture allowing anyone to generate stable-value tokens with the legal currency of various countries as the pricing standard, anytime and anywhere.