OpenEden and Ceffu have just launched cUSDO, a tokenized real asset that can be used as collateral for margin trading on Binance.

cUSDO is a yield-bearing stablecoin, based on tokenized U.S. Treasury bonds, allowing organizations to maintain interest while increasing liquidity when trading on Binance via Ceffu's MirrorRSV platform.

MAIN CONTENT

  • cUSDO is a yield-bearing tokenized real asset based on U.S. Treasury bonds.

  • The MirrorRSV platform allows cUSDO to be used as off-chain collateral for margin trading on Binance.

  • Organizations that deposit cUSDO into the Ceffu cold wallet will receive the mirror asset cUSDOX on Binance at a 1:1 ratio.

What is cUSDO and what is the source of its assets?

cUSDO is a yield-bearing stablecoin created by OpenEden Digital, secured by tokenized U.S. Treasury bonds, including Moody’s rated TBILL funds. This is a token compliant with the Bermuda Digital Asset Business Act (DABA).

According to financial experts, issuing a stablecoin backed by real assets enhances reliability, reduces volatility compared to traditional stablecoins, and provides interest benefits for holders.

How is cUSDO used as collateral on Binance?

Ceffu's MirrorRSV platform allows users to organize the use of cUSDO as collateral off-chain to trade on margin on Binance. When depositing cUSDO into the Ceffu cold wallet, they will receive cUSDOX — the corresponding mirror asset on Binance at a 1:1 ratio.

This solution maintains the yield potential of collateral while ensuring liquidity and trading utility on the world's largest exchange, meeting the needs of institutional investors.

"The combination of tokenizing real assets with margin trading on Binance through cUSDO offers a new solution for the cryptocurrency market, improving liquidity and profitability of collateral."
CEO of OpenEden, 2024

What are the benefits for organizations using cUSDO in margin trading?

Organizations can hold cUSDO in Ceffu's cold wallet to earn interest from real assets while also owning cUSDOX to trade on margin on Binance without selling the underlying assets. This optimizes capital and enhances asset management efficiency.

According to industry reports, using tokenized assets as collateral helps mitigate credit risk and enhance on-chain tracking and management, aligning with modern financial regulations.

"The integration of off-chain collateral and on-chain trading creates a breakthrough in payments and risk management for large investors."
CEO of Ceffu, 2024

Comparison table between cUSDO and traditional stablecoin

Criteria cUSDO Traditional Stablecoin Collateral Tokenized U.S. Treasury bonds, with interest Cash or non-yielding digital assets Yield-bearing Bond yield None or very low Application Margin trading, off-chain collateral Payments, exchanges, value storage Legal compliance Issued under Bermuda DABA Depends on issuance and country

Frequently Asked Questions

What is cUSDO?

cUSDO is a yield-bearing stablecoin, based on tokenized U.S. Treasury bonds, providing yield and used as collateral for margin trading.

How to use cUSDO on Binance?

Users deposit cUSDO into Ceffu's cold wallet, receiving the mirror asset cUSDOX on Binance for margin trading at a 1:1 ratio.

Is cUSDO safe and legal?

cUSDO complies with the Bermuda Digital Asset Business Act, ensuring that the underlying asset is U.S. Treasury bonds rated by Moody’s, enhancing transparency and security.

What are the main benefits of cUSDO for organizations?

Allows maintaining interest from real assets while being able to trade on margin on Binance, optimizing capital and enhancing liquidity.

How is cUSDO different from other popular stablecoins?

Having collateral that provides real yield, not just a standard pegged stablecoin.

Source: https://tintucbitcoin.com/cusdo-openeden-tai-san-sinh-loi/

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