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Cryptocurrencies: 23701
Exchanges: 115
Market Cap: $$3.86T
24h Vol: $110.78B
Dominance: BTC: 59.7% ETH: 13.5%
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USDf is a fractional algorithmic stablecoin governed by the protocol. Currently any user can mint new USDF by depositing a hybrid between USDC and Gaia, the algorithmic reserve asset in the USDF ecosystem. The ratio between USDC and Gaia is called the collateralization ratio.