Bitget App
common_footer.down_desc
common_header.buy_cryptocommon_header.marketscommon_header.tradecommon_header.futurescommon_header.social_tradingcommon_header.grid_tradingcommon_header.earn
DCS Token

coin.price_trendingDUSD

focusIcon
subscribe
coin.quote_currency:
USD

coin.calculator

coin.calculator_tips
DUSD
VectorImg
USD
1 DUSD = 0.8989 USD
coin.update_time(UTC-0)
coin.buy_coin

technical.price_summary.title

coin.price_live_data

technical.price_summary.p1

technical.price_summary.a1

technical.price_summary.p2

technical.price_summary.a2
profit_calculator.calculate_tokenname_profit

coin.prediction

coin.prediction_question

price_predict.text_introduce

coin.prediction_question

price_predict.prediction_content

rating.title_new

rating.from
4.4
rating.person
rating.des

coin.about_title

DCS Token is a Dollar-backed payment token on Ethereum. As a product of DCS Card Centre, a reputable financial institution licensed under the Monetary Authority of Singapore (MAS), DCS Token exemplifies a credible and stable digital asset in the Web3 space. It stands out as the first dollar-backed payment token issued by a financial institution, offering a reliable and stable value equivalent to one US dollar (1 DCS Token: 1 USD). This innovative approach addresses one of the critical challenges in the cryptocurrency market – volatility, by ensuring value stability and trustworthiness in digital transactions.

The DCS Token is part of a broader movement to bridge the gap between decentralized finance (DeFi) and traditional banking systems. By being governed under the Banking Act of Singapore, DCS Tokens offer a unique blend of regulatory safety and the innovative potential of digital currencies. They are designed to serve as a trusted intermediary, facilitating seamless transactions between the Web3 ecosystem and conventional card payments in the Web2 world. This dual-chain issuance on PlatOn (DUS) and Ethereum (DUSD) blockchains enhances its accessibility and usability across different digital platforms.

Resources

Official Website: https://dcscc.com/personal/dcs-token

How Does DCS Token Work?

DCS Token operates on a straightforward and effective mechanism, offering ease and efficiency in digital transactions. Users can obtain DCS Tokens through specific partner platforms such as the imToken mobile app and the TOKENLON website, ensuring a wide range of accessibility for different user preferences. Once acquired, these tokens can be instantly converted into cards through the DCS Cards App. This functionality is pivotal in realizing the real-world utility of digital assets, allowing token holders to make their digital wealth into tangible spending power in everyday transactions.

Moreover, DCS Tokens are issued on two blockchains – PlatOn (DUS) and Ethereum (DUSD), catering to a diverse user base and enhancing the token's interoperability within the crypto ecosystem. This multi-chain presence not only broadens the reach of DCS Tokens but also adds a layer of security and flexibility to their usage. The immediate redeemability of these tokens via the DCS Cards App underscores the commitment to providing a seamless and user-friendly experience, bridging the gap between digital assets and traditional spending methods.

What Is DUSD Token?

DUSD is the stablecoin of the DCS Token platform. Operating on the Ethereum blockchain, one of the most widely used and trusted platforms in the cryptocurrency world, DUSD stands for stability and reliability in digital transactions. It shares the same value proposition as the DCS Token – maintaining a 1:1 peg with the US dollar, thereby offering a stable and predictable medium of exchange in the volatile crypto market. This dollar-backed nature of DUSD makes it an attractive option for investors and users seeking a dependable digital asset for transactions and savings.

What Determines DCS Token’s Price?

The price of DCS Token, much like any digital currency in the blockchain and cryptocurrency arena, is influenced by a combination of market demand, speculative trading, and its intrinsic value proposition. Unlike typical cryptocurrencies whose prices can fluctuate wildly based on market sentiment, trading volumes, and speculative news, DCS Token stands out with its unique structure. It is pegged 1:1 with the US dollar, ensuring a stable and predictable price. This stability is a key factor in its appeal, particularly for those wary of the volatility commonly associated with digital currencies. For investors and users diving into the crypto market, closely monitoring the historical charts and price predictions of DCS Tokens can provide valuable insights. However, due to its pegged nature, the DCS Token offers a more consistent and reliable investment compared to its more volatile counterparts.

Furthermore, the governance and regulatory compliance of DCS Token under the Monetary Authority of Singapore (MAS) add a layer of credibility and trust, factors that are critical in determining its market value. In the rapidly evolving world of cryptocurrency and blockchain, where regulatory scrutiny is becoming increasingly significant, DCS Token's adherence to financial regulations under the MAS is a key differentiator. This compliance not only reassures investors and users about the legitimacy and stability of the token but also positions DCS Token as a pioneering example of how digital currencies can align with traditional financial regulatory frameworks. As such, while DCS Token may not experience the dramatic price swings seen in other cryptocurrencies, its value is rooted in its stability and regulatory compliance, making it an attractive asset for those looking to combine the innovative potential of blockchain with the reassurance of traditional financial oversight.

For those interested in investing or trading DCS Token, one might wonder: Where to buy DUSD? You can purchase DUSD on leading exchanges, such as Bitget, which offers a secure and user-friendly platform for cryptocurrency enthusiasts.

technical.performance.title

coin.24Hcoin.7dayscoin.30dayscoin.90dayscalculator.common.one_yearcoin_market.all_time
+4.72%+5.10%+3.51%-10.41%-10.11%-10.11%

technical.history.title

technical.history.coin_code_price
coin_market.timecoin.lowcoin.high
24h$0.8584$0.9340
7d$0.8553$0.9350
30d$0.8005$0.9399
90d$0.7786$100
1y$0.7786$100
coin_market.all_time$0.7786(--, coin_market.today )$100(--, coin_market.today )

coin.market_info

coin_market.cap
--
+4.72%
coin_market.fully_cap
--
+4.72%
coin_market.volume_24h
--
0.00%
coin_market.market_raking
coin_market.circula_rate
0.00%
coin_market.volume_cap
0
coin_market.circula_supply
0 DUSD
coin_market.total_max_supply
-- DUSD
-- DUSD
calculator.faq_btn

coin.how_to_buy

calculator.htb.step1_title

calculator.htb.step1_title

calculator.htb.step1_des
calculator.htb.step2_title

calculator.htb.step2_title

calculator.htb.step2_des
calculator.htb.step4_title

calculator.htb.step4_title

calculator.htb.step4_des

coin.perpetual_futures.title

coin.perpetual_futures.p1

coin.perpetual_futures.p2

coin.excellent_traders.title

coin.excellent_traders.p
Notice of Delisting PLX/USDT Spot Trading Pairs on 7 August 2024
Notice of Delisting PLX/USDT Spot Trading Pairs on 7 August 2024

Each digital asset we list is regularly reviewed for quality assurance to ensure it adheres to our platform standards. In addition to the security and stability of the digital asset’s network, we consider numerous other factors in our evaluation process, including: Trading volume and liquidity Team

Bitget Announcement2024-08-08 09:18
Learn2Earn: Take the DCS Token (DUSD) quiz to win 10,000 DUSD!
Learn2Earn: Take the DCS Token (DUSD) quiz to win 10,000 DUSD!
Bitget公告-近期活动(EN)2024-01-10 01:47

faq.name

faq.one

faq.one_answer_new

faq.two

faq.two_answer

faq.third

faq.third_answer

faq.fourth

faq.fourth_answer

seo_faq.qustion1

seo_faq.answer1

seo_faq.qustion2

seo_faq.answer2

coin_price.buy_coin_title

coin_price.buy_coin_title_app
coin_price.buy_coin_guidance
google download badgeios download badge
coin_price.trade_bg_exchange
coin_price.trade_bg_exchange_guidance

video_section.h2_title

play cover
video_section.right_title
1. video_section.description1
2. video_section.description2
3. video_section.description3
4. video_section.description4
5. video_section.description5
6. video_section.description6
7. video_section.description7
faq.des

coin.excellent_traders.btn

BountyHunter-Q
BountyHunter-Q
insight1272/1300
12712.40%
price_sidebar.roi
price_sidebar.total_pnl $263,875.45
PHOENXCORP
PHOENXCORP
insight113/750
216.83%
price_sidebar.roi
price_sidebar.total_pnl $938,815.34

coin.resource

coin.links
coin.websitecoin.whitepapercoin.twittercoin.github

coin.related_assets