Sonic USD (scUSD) is a decentralized cryptocurrency that functions as a stablecoin, aiming to maintain a value closely pegged to the US dollar. It operates primarily on the Ethereum blockchain and the Sonic blockchain, leveraging the security and efficiency of these networks.

Key Characteristics:

Yield-Bearing Token: Unlike traditional stablecoins, Sonic USD is classified as a yield-bearing token. This means that holders may earn interest or rewards over time, enhancing the utility of holding this cryptocurrency.
Governance Participation: Users can lock their Sonic USD tokens to gain governance rights within the Rings ecosystem. This allows them to participate in decision-making processes regarding the development and management of the platform, fostering community engagement.

Sonic USD Price Today

Sonic USD's current price is $ 0.999, it has increased +0.1% over the past 24 hours.

Sonic USD's All Time High (ATH) of $ 1.06 was reached on 25 Mar 2025, and is currently -5.99% down.

The current circulating supply of Sonic USD is 29.27 Million tokens, and the maximum supply of scUSD is unlimited.

Sonic USD’s 24 hour trading volume is $ 15.88 Million.

Sonic USD's current share of the entire cryptocurrency market is 0.00%, with a market capitalization of $ 29.24 Million.

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Sonic USD scUSDPrice $ 0.999

General Info

Description

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What is Sonic USD (scUSD)?

Key Characteristics:

Sonic USD Price Today

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