Description
CUSD (Confidential USD) is a stablecoin that provides a digital-cash experience for institutions and businesses. It operates in Classic mode like a normal stablecoin and offers a Confidential mode that protects transaction amounts and balances while retaining rule-based compliance controls and selective disclosure for authorized parties. It is backed via M0's T-bill reserve system and is intended for uses including payroll, treasury, commerce, OTC settlement, cross-border payments, market making, neobanks, RWAs, and agentic finance.