Cygnus
  • 👋Welcome To Cygnus
  • Cygnus Network
    • What is Cygnus?
    • Why Do We Need Cygnus?
    • How Does Cygnus Work?
    • Cygnus Social App SDK
      • Cygnus Instagram App Layer
      • Telegram Mini App for Cygnus
      • Whatsapp Mini App for Cygnus
    • Bug Bounty
    • Grant Program
    • Cygnus Token
    • Research
      • Optimism
      • Optimistic Rollups
      • OP Super Chain
      • OP Stack
  • Cygnus Omnichain Liquidity Validation System (LVS)
    • Introduction
    • Collateral Mechanism & Asset Management
    • Vault Delegation & Restaking Framework
    • Network Coordination & Security Layer
    • Operator Registration & Incentive System
    • Resolver Governance & Dispute Resolution
    • Cygnus LVS Integration
      • cgETH
        • What is cgETH?
        • Core Features and Mechanics of cgETH
        • Security, Transparency, and Risk Management
      • clBTC
        • What is clBTC?
        • How clBTC Works?
        • Integration with CeFi and DeFi in Cygnus Network
        • Security, Transparency, and Risk Management
      • cgUSD v1
        • What is cgUSD v1
        • Why Cygnus Finance
        • Risk Warning
        • Protocol Mechanics
          • Mint
          • Wrap
          • Bridge
          • Redemption
        • Token and Contract
          • cgUSD
            • Comparison to Stablecoins
            • How it Works
            • On-Chain Price Oracle
          • wcgUSD
            • Comparison to cgUSD
            • How it Works
          • Smart Contract Audits
        • FAQ
          • Mint
          • Wrap
          • Withdrawals
      • cgTON
    • Cygnus Pool SDK
  • legal
    • Privacy Policy
    • Interface Terms of Use
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On this page
  1. Cygnus Omnichain Liquidity Validation System (LVS)
  2. Cygnus LVS Integration
  3. cgUSD v1
  4. Token and Contract
  5. cgUSD

Comparison to Stablecoins

Throughout history, money has traditionally maintained 3 key attributes:

  1. A store of value

  2. A stable unit of account

  3. A medium of exchange

While fiat-pegged stablecoins backed by fiat provide a stable unit of account and an effective medium of exchange, they are a poor store of value. Cygnus Finance aims to create a better currency through cgUSD that fulfills the three conditions of an ideal currency. cgUSD will thrive within the growing crypto economy as an instantaneous medium of exchange. As a USD-pegged stablecoin, cgUSD stands as a stable unit of account. However, unlike the US dollar or stablecoins pegged 1:1 to a currency, cgUSD will serve as a genuine store of value, backed by the U.S. Treasury Bills, and distributing returns to holders to offset devaluation of its pegged currency.

cgUSD integrates the operability of a stablecoin with the enduring value preservation and returns of U.S. Treasury Bills, offering an all-in-one solution to uphold purchasing power amid turbulent market conditions.

Cygnus USD | Real Yield | Backed by U.S. Treasury Bills

Cygnus USD = Better Money

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Last updated 1 year ago