About USD Bancor
USD Bancor (USDB) is a cryptocurrency launched in 2019and operates on the Ethereum platform. USD Bancor has a current supply of 79,316.566815 with 0 in circulation. The last known price of USD Bancor is 0.11517879 USD and is down -0.60 over the last 24 hours. It is currently trading on 2 active market(s) with $4.43 traded over the last 24 hours. More information can be found at
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Market Stats
Market Cap
Not enough data
FDV
Not enough data
Circulating Supply
Not enough data
Max Supply
Not enough data
Total Supply
79,316.567 USDB
Performance
Popularity
Not enough data
Dominance
Not enough data
Volume (24H)
$4.64
0.02%
Volume (7D)
$33.71
Volume (30D)
$150.58
All time high
$1.67
Overall Price Change (1Y)
-0.66%
Additional info about USD Bancor
Recent trends
The price of USD Bancor has increased by 0.03% in the last hour and increased by 0.03% in the past 24 hours. USD Bancor’s price has also risen by 0.53% in the past week. The current price is $0.12 per USDB with a 24-hour trading volume of $4.64. Currently, USD Bancor is valued at 93.09% below its all time high of $1.67. This all-time high was the highest price paid for USD Bancor since its launch. The current circulating supply of USD Bancor is 0 USDB which means that USD Bancor has as total market cap of $0.00.
Market details
USDB vs markets
↘ 71.9%
USDB vs BTC
↘ 74.54%
USDB vs ETH
↘ 34.1%
Tags
decentralized-exchange-dex-token
stablecoin
Network & Addresses
Network | Address | |
|---|---|---|
Ethereum | 0x309627af60F0926daa6041B8279484312f2bf060 |
Price history
Time | Price | Change |
|---|---|---|
Today | $0.12 | ↗ 0.03% |
1 Day | $0.12 | ↗ 0.03% |
1 Week | $0.12 | ↗ 0.53% |
1 Month | $0.12 | ↘ 5.65% |
1 Year | $0.35 | ↘ 66.50% |
FAQ
USD Bancor (USDB) is a stable version of the Bancor Network Token (BNT), backed by BNT locked in Collateralized Debt Positions (CDPs) on Ethereum. Launched on July 10, 2019, by Bancor and PEG Network, USDB seeks to provide a stable token that allows users to access the Bancor Liquidity Network without direct exposure to BNT. The PEG Network's smart contracts enable anyone to create a stable version of their ERC20 token, allowing users to generate their own stable tokens by staking volatile tokens as collateral. USDB is the first use-case of the PEG Protocol, demonstrating the potential of stable tokens to serve the needs of both speculators and real users.
USDB operates on the PEG Protocol, which allows users to create a stable version of any token. The protocol ensures that every issued stable token is backed by a sufficient quantity of its collateral, while allowing any actor to benefit by enforcing safety margins. For instance, someone can create a stable version of Basic Attention Token (BAT) pegged to the US dollar. As BAT is deposited into a PEG-integrated smart contract, BAT:USD is minted, allowing users to borrow against the value of BAT. The PEG Protocol implements mechanisms that iterate on the functionality of DAI, with a key advancement: Any asset can be used as the stable token's collateral.
USDB seeks to provide a stable token that allows users to access the Bancor Liquidity Network without direct exposure to BNT. This is particularly beneficial for users who want access to a network without having to speculate on its underlying token. For instance, USDB could be used to create new Bancor liquidity pools, allowing users to plug into Bancor pools and generate fees from conversions without direct exposure to BNT, potentially enhancing benefits for liquidity providers. As liquidity providers connect to Bancor through USDB-based pools, more BNT would need to be bought and used as collateral, in order to mint the USDB needed for such pools.
USD Bancor (USDB) was launched on July 10, 2019, by Bancor and PEG Network. It was introduced as the first use-case of the PEG Protocol, a system that allows anyone to create a stable version of any token using any asset as its collateral. The PEG Protocol was designed to give users the ability to access a network without having to speculate on a potentially volatile token. The launch of USDB was a significant event in the Bancor and PEG Network's journey, marking a step forward in their mission to demonstrate the potential of stable tokens to serve the needs of both speculators and real users.
We update our USD Bancor to USD currency in real-time. Get the live price of USD Bancor on Coinbase.
The current market cap of USD Bancor is $0.00. A high market cap implies that the asset is highly valued by the market.
The all-time high of USD Bancor is $1.67. This all-time high is highest price paid for USD Bancor since it was launched.
Over the last 24 hours, the trading volume of USD Bancor is $4.64.
Assets that have a similar market cap to USD Bancor include Buddy The Elf, Neiro Pump, MojitoSwap, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of USD Bancor is 0.
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Terms apply. Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
USD Bancor news
Social stats
Popularity in posts
#2862
Contributors
100
Posts
162
% About USD Bancor
0.007%
Hold times
0 days
X (Twitter)
99.23% bullish
Sentiment
5.0 ★
Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset.
Highlights
100 unique individuals are talking about USD Bancor and it is ranked #2,862 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, USD Bancor has an average sentiment score of 100 out of 5. Finally, USD Bancor is becoming less newsworthy, with 0 news articles published about USD Bancor.
On Twitter, people are mostly bullish about USD Bancor. There were 99.3% of tweets with bullish sentiment compared to 0.07% of tweets with a bearish sentiment about USD Bancor. 0.7% of tweets were neutral about USD Bancor. These sentiments are based on 88 tweets.
On Reddit, USD Bancor was mentioned in 33 Reddit posts and there were 39 comments about USD Bancor. On average, there were less upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.
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Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.