Freedom Dollar (FUSD)
Rank #832
Market snapshot
- Price
- $0.999366
- Market cap
- $11.8M
- 24h volume
- $173,076.25
- Circulating supply
- 11,800,000
- Total supply
- 11,800,000
- Max supply
- N/A
What is Freedom Dollar?
Freedom Dollar aims to be the world’s first private stablecoin, with a circulation of 7.9 million fUSD. Each fUSD token is backed by a reserve of the cryptocurrency ZANO, ensuring its value stability while promoting privacy in financial transactions.
How Freedom Dollar works
Freedom Dollar operates as a decentralized stablecoin on the Zano blockchain. It features a structure where no central authority can block or seize funds, ensuring user autonomy. All reserve wallets are public, allowing anyone to verify that the collateral backing fUSD exceeds the required amount. Users can enhance the stability and liquidity of fUSD by running open-source market maker software or oracle nodes, contributing to the network's censorship resistance.
Key information
- Symbol
- FUSD
- CMC rank
- #832
- Network / platforms
- N/A
- Categories
- N/A
- Date added
- Jul 11, 2025
Key characteristics
Freedom Dollar is built on a decentralized network without admin keys or mechanisms to seize balances. Its resilience is inherent, as censorship resistance is integrated into the protocol. Users can swap fUSD for ZANO at any time, maintaining the target value through the decentralized protocol. CoinMarketCap categorizes Freedom Dollar under the privacy and privacy-coins tags.
Official resources
Risks
Digital asset prices can be volatile and can change materially. Users should verify the contract address and network before transferring assets. Self-custody requires secure private-key and recovery-phrase handling. Centralized platforms can involve operational, custody, and counterparty risk. Availability and regulatory treatment can vary by jurisdiction. Transaction finality and reversibility can differ by network.
Transfer and custody notes
Verify the asset name, network, and the destination details before transferring. Verify destination address and network before sending assets. Review the custody method, including self-custody versus a third-party platform. Understand that transfers may be irreversible and that CoinLoom does not confirm exchange availability.
FAQ
- What is Freedom Dollar (FUSD)?
- Freedom Dollar (FUSD) is a privacy-focused cryptocurrency designed to provide a decentralized stablecoin solution, operating on the Zano blockchain.
- How does Freedom Dollar work?
- Freedom Dollar operates as a decentralized stablecoin.
- What are the technical features of Freedom Dollar?
- Freedom Dollar has no admin keys or mechanisms to seize balances, ensuring user autonomy and censorship resistance.
- What are the risks associated with transferring Freedom Dollar?
- Digital asset prices can be volatile, and users should verify destination address and custody methods to mitigate risks.
- How can I verify the acquisition of Freedom Dollar?
- Verify the asset name, network, and destination details before transferring, and ensure the destination address is correct.
- Where can I find official resources for Freedom Dollar?
- Official resources for Freedom Dollar can be found on its website and technical documentation.
Related cryptocurrencies
Listed from stored network and category relationships, not a similarity score.
