xUSD is an algorithmic stablecoin hosted on haven protocol(XHV).
XHV is a fork of monero that hosts various algorithmic stablecoins like xUSD, xJPY, xCAD, xGold, xBTC, …
Since xUSD value is pegged to US dollars, I don’t have to worry about fluctuations in monero’s value.
Listing xUSD is good for both agoradesk and XHV ecosystem.
I dont think this is a good idea because the market cap of XUSD coinn is barely $55k it has had only 1 transfer this entire week
Haven protocol was hacked since June 22nd. It has been under maintenance mode. It will be fixed soon.
After it is fixed, xUSD can work as intended.
xUSD is going to be added to thorchain. Thorchain will raise xUSD liquidity.