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Add C1USD adapter#667

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uwezukwechibuzor:currency-one-usd
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Add C1USD adapter#667
uwezukwechibuzor wants to merge 1 commit into
DefiLlama:masterfrom
uwezukwechibuzor:currency-one-usd

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@uwezukwechibuzor

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NOTE

Please enable "Allow edits by maintainers" while putting up the PR.


(fill in below form only for new listings)

Name (to be shown on DefiLlama): Currency One USD

C1USD

Website Link: https://kinesis.money/c1usd
Logo (High resolution, will be shown with rounded borders): https://coin-images.coingecko.com/coins/images/69700/large/C1USD.webp?1759327591
Chain: Ethereum, Stellar
Coingecko ID (leave empty if not listed): (https://api.coingecko.com/api/v3/coins/list) c1usd
Coinmarketcap ID (leave empty if not listed): (https://api.coinmarketcap.com/data-api/v3/map/all?listing_status=active,inactive,untracked&start=1&limit=10000)
Short Description: Currency One USD (C1USD) is a 1:1 USD-pegged stablecoin issued by Kinesis Money Panama S.A., fully backed by asset reserves held at regulated financial institutions.
mintRedeemDescription: Users can redeem C1USD 1:1 for USD under redemption terms (subject to KYC and business-day rules). New C1USD is issued only when matched by 1:1 reserve deposits, per the token’s terms
Token address and ticker:

https://etherscan.io/token/0x40CAA7912437002ee2c8415D43E7f575c733674C
https://stellar.expert/explorer/public/asset/C1USD-GDCDFF6ZZP3HVODSVJYAN6IRNGWGPLVFKH23RY2OFHFGGVCGBXSDPKTU-2

pegType: peggedUSD
pegMechanism: fiat-backed
priceSource: defillama
wiki:
Twitter Link: https://x.com/KinesisMonetary
List of audit links if any:

@realdealshaman

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Hey @uwezukwechibuzor what is this wallet that is holding more than 60% of the ethereum supply?:
https://etherscan.io/address/0x6ddf0dc9c8ca941e72821eee23cf1d56c4a0609c

@realdealshaman

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is it coins that Kinesis the company is holding?

@realdealshaman

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@uwezukwechibuzor can we get a copy of the attestation?

@uwezukwechibuzor

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@uwezukwechibuzor can we get a copy of the attestation?

It’s the issuer’s treasury wallet for C1USD, controlled by Kinesis Money Panama S.A., where the initial supply was minted

@uwezukwechibuzor

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is it coins that Kinesis the company is holding?

That address is Kinesis’ own reserve/treasury wallet holding the majority of the minted C1USD

@uwezukwechibuzor

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@uwezukwechibuzor can we get a copy of the attestation?

Kinesis publishes independent monthly attestations of the C1USD reserves here
https://currency.one/attestations/

@realdealshaman

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@uwezukwechibuzor can you email us a copy of the attestation to realshaman@defillama.com?

@realdealshaman

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@uwezukwechibuzor we'll have to wait the coin has liquidity outside of its own centralized exchange to do the listing. Thanks for understanding

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