Description
Currency One USD is a stablecoin, pegged 1:1 to the US dollar, issued by Kinesis Money Panama S.A. with reserves held at regulated financial institutions and subject to independent monthly attestations. C1USD is available on the Stellar network and as an ERC-20 token on Ethereum. Verified Kinesis account holders earn a variable introductory yield of 7.5% APY on C1USD balances, paid monthly in C1USD with no lock-up requirement. The stablecoin supports global payments within the Kinesis platform, trading on the Kinesis Exchange, and integration with EVM-compatible DeFi protocols.