# CUSD, What's going on here?

By [Kai](https://paragraph.com/@kaitheking) · 2022-10-23

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CUSD (Coin98 Dollar) is a [**decentralized stablecoin**](https://coin98.net/what-is-stablecoin) developed and introduced by the Coin98 team, with the aim of fulfilling liquidity needs in DeFi. CUSD is expected to become a bridge, circulating cash flow between different features and products in the Coin98 ecosystem and expand to other DeFi arrays in the future.

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*Originally published on [Kai](https://paragraph.com/@kaitheking/cusd-what-s-going-on-here)*