Details about rhoBUSD cryptocurrency
rhoBUSD
RHOBUSD
Unknown for now
€0
25,489
0
0.001
https://flurry.finance/
@FlurryFi
rhoBUSD price charts
RHOBUSD exchanges
rhoBUSD, the crypto
rhoBUSD (RHOBUSD) is a cryptocurrency that tracks the value of the US dollar. It is a stablecoin backed by BUSD, a stablecoin pegged to the value of USD, and uses the blockchain technology of the Ethereum network. The price of rhoBUSD remains stable at $1 USD and is widely used in decentralized finance (DeFi) applications in the Ethereum ecosystem.
The point
The main point of rhoBUSD (RHOBUSD) is to provide a stable and reliable cryptocurrency that maintains the value of the US dollar. It allows users to transact in USD without worrying about market volatility and is widely used in DeFi applications that require a stable currency.
The problem
rhoBUSD (RHOBUSD) tries to solve the problem of volatility in cryptocurrency prices. Many cryptocurrencies have fluctuating prices that can be unpredictable and risky for users. By creating a stablecoin pegged to the US dollar, rhoBUSD eliminates this volatility and provides a reliable currency for users to transact in.
Compare RHOBUSD and BTC performance
| Timeframe | RHOBUSD | BTC |
|---|---|---|
| 1h change | 0 % | -0.549765 % |
| 24h change | 0 % | -1.83904 % |
| 7 day change | 0 % | -5.42791 % |
| 14 day change | 0 % | -5.02398 % |
| 30 day change | 0 % | -3.47658 % |
| 200 day change | 0 % | 126.537 % |
| Year change | 0 % | 126.622 % |