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BAC Price
$0.00538
-2.75%
24H Price Chart
Market Cap
$293.66K
24H Volume
$14.32K
Circ Supply
54.58M

Source: BACUSD Chart by TradingView

BAC Market Stats
  • Price $0.00538
  • 1H Change +0.78%
  • 24H Change -2.75%
  • 7 Day Change +7.4%
  • 30 Day Change +16.04%
  • 1 Year Change -89.42%
  • All-Time High $0.14134
  • % From ATH -96%
  • ATH Date Sep 1, 2021
BAC Explorer

Basis Cash Background

Basis Cash (BAC) is a stablecoin, which the protocol aims to keep value-pegged to 1 US Dollar.

Basis is an algorithmic stablecoin protocol where the money supply is dynamically adjusted to meet changes in money demand.

  • When demand is rising, the blockchain will create more Basis Cash. The expanded supply is designed to bring the Basis price back down.
  • When demand is falling, the blockchain will buy back Basis Cash. The contracted supply is designed to restore Basis price.
  • The Basis protocol is designed to expand and contract supply similarly to the way central banks buy and sell fiscal debt to stabilize purchasing power.
Basis Cash Technical Info
Blockchain

Basis Cash News

Basis Cash Market Intelligence

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