What is RINGS SCUSD(SCUSD)?

Basic information about SCUSD

Coin name:

Rings scUSD

Coin symbol:

Coin introduction:

Rings is the meta-stable protocol of Sonic chain. It is the main bridge for Ethereum Mainnet stablecoins and ETH derivatives token holders to start earning yield on Sonic. Bridge ETH & Stablecoin from Mainnet to Sonic, Mint scETH and scUSD, stake it for stkETH and stkUSD to make it yield bearing, or lock it for veETH and veUSD to access governance power. When minting scUSD and scETH, users deposit their initial into Veda Vaults which then reallocate the backing toward yield bearing strategies. The yield generated is then redistributed across eligible Sonic dApps and the distribution is controlled by the veUSD gauge tokenomic.

Current Price:

$1.00More coin details

All-time high:

$1.02

All-time low:

$0.94

SCUSD Supply Info and Tokenomics

Circulating supply:

1,916,841

Total supply:

1,916,841

Max supply:

Market cap:

$1.92M

Fully diluted valuation:

$1.92M

What is the outlook and future value of SCUSD?

The current market cap of SCUSD is $1.92M, ranked 2822 in the market, showing that the market already recognizes the value of SCUSD. When a bull market arrives, the market cap of SCUSD may continue to grow.

Moreover, if SCUSD can play a greater role in real-world applications—such as if the Monero developers can fully empower SCUSD and establish partnerships with more business partners to expand its user base—then the long-term value of SCUSD will be further enhanced.

What is the price of SCUSD in 2027?

According to the historical price performance prediction model of SCUSD, the price of SCUSD is expected to reach $1.05 at 2027.

Note: As with any crypto investment, investors should closely monitor SCUSD’s performance and stay aware of the risks. The crypto world is highly volatile, and adequate research and preparation are necessary.

How else can I get SCUSD?

Purchasing SCUSD with cash is not the only way to obtain SCUSD. If you have enough time, you can get SCUSD for free.

Learn how to get Hot rewards for free with SCUSD.

Earn free SCUSD by inviting friends to join LBank My Activity|LBank Reward Center

Join LBank Launchpad to get SCUSD airdrops for free.

All crypto airdrops and rewards can be exchanged for SCUSD through LBank spot trading.

Buy SCUSD starting from $1

What is SCUSD used for and how to use it?

The use cases for SCUSD may grow with the development of the crypto market and project progress. Currently, you can use SCUSD to:

Arbitrage trading of SCUSD

SCUSD is frequently traded, with constant price fluctuations. You can profit from buying low and selling high. LBank Spot market offers many SCUSD trading pairs to suit your needs.

Earn yield with SCUSD

You can also lend out SCUSD or use other Earn products to gain returns. LBank Earn platform provides a wide variety of investment products to help you maximize your SCUSD gains.

Send or pay with SCUSD

If you want to pay someone with SCUSD, you can easily and quickly send SCUSD to them using their receiving address.

You can also visit the official website of Rings scUSD to learn more use cases of SCUSD, such as whether the Rings scUSD project supports community/eco apps or buying physical or virtual goods with SCUSD.