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What are Currency One Stablecoins

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The Currency One stablecoin suite is a set of stablecoins, each pegged 1:1 to global currencies, designed to enable everyday and institutional users to send and trade assets at scale.

These stablecoins enable fast, low-cost cross-border transfers.

8 Currency One stablecoins can be converted directly to and from their respective fiat currencies on the Kinesis platform, with a 0% conversion fee. Find out how in this guide. 

  • Currency One USD (C1USD) – 1:1 pegged to US Dollar
  • Currency One GBP (C1GBP) – 1:1 pegged to British Pound Sterling
  • Currency One EUR (C1EUR) – 1:1 pegged to Euro
  • Currency One AUD (C1AUD) – 1:1 pegged to Australian Dollar
  • Currency One CAD (C1CAD) – 1:1 pegged to Canadian Dollar
  • Currency One CHF (C1CHF) – 1:1 pegged to Swiss Franc
  • Currency One AED (C1AED) – 1:1 pegged to United Arab Emirates Dirham
  • Currency One SGD (C1SGD) – 1:1 pegged to Singapore Dollar

Note that the following 2 Currency One stablecoins are pegged 1:1 to fiat currencies that are not currently supported on the Kinesis platform, and therefore cannot be converted directly. Instead, they can be bought or sold via the instant Buy/Sell widget on the Kinesis Home dashboard, or traded on the Kinesis Exchange: 

  • Currency One JPY (C1JPY) – 1:1 pegged to Japanese Yen
  • Currency One MXN  (C1MXN ) – 1:1 pegged to Mexican Peso

Kinesis Cayman is not the issuer of Currency One stablecoins and does not control their issuance. The Kinesis Exchange will support trading and exchange functionality for these assets.

 

Key benefits of the Currency One suite

  • Kinesis users earn 7.5% APY* on all Currency One stablecoins held in their verified Kinesis account - with no lock-ups.
  • Send Currency One stablecoins anywhere globally at a low cost
  • Trade Currency One stablecoins, gold, silver and 40+ digital assets on the Kinesis Exchange.
  • Instantly convert between C1USD and 7 other stablecoins supported by the conversion feature.
  • Convert between cash and Currency One stablecoins with a 0% conversion fee (spreads or minimums may apply). 
  • Set up instant auto-conversion (optionally) to automatically convert your deposited cash into respective C1 stablecoins.
     

Currency One Yields

Kinesis users earn 7.5% APY* on all Currency One stablecoins held in their verified Kinesis account. Users start accumulating yields from day 1 - with all earnings paid retroactively as the remaining Currency One yields are brought online.

Your C1USD Yield is calculated daily and credited monthly, directly to your Kinesis account. For all other 1:1 fiat-pegged C1 stablecoins, yields will accrue from launch and be paid retroactively once their respective yields are brought online.

The Currency One stablecoin suite key benefits:

  • Send stablecoins to friends and family at a low cost.
  • Instant currency conversions between Currency One USD and 7 other supported stablecoins, 1:1 asset-pegged to world currencies
  • Global peer-to-peer transfers via Stellar and ERC-20 blockchains. 

Kinesis users can instantly convert USD, GBP, EUR, AUD, CAD, CHF, AED, and SGD into their respective 1:1 fiat-pegged Currency One stablecoin, ready to trade, send or exchange - with a 0% conversion fee (spreads or minimums apply)

The Kinesis’ native suite of 1:1 fiat-pegged assets brings users the utility and value of stablecoins within the secure frameworks of Kinesis, serving as an accessible entry point into precious metals and the Kinesis ecosystem as a whole. 

The trading experience remains the same, with identical currency symbols across the Kinesis Exchange. 

 

*Kinesis Cayman may offer a discretionary yield benefit to holders of Currency One stablecoins on its platform. Current indicative rate: 7.5% APY. See Terms of Use. Current variable rate as at June 2026. 

The Yield is a discretionary benefit offered by Kinesis Cayman and is not a feature of the Currency One tokens themselves. The rate is variable, not guaranteed, and may be changed, suspended or withdrawn at any time without notice. Subject to the Kinesis Cayman Terms of Use and applicable law. 

Yields on C1GBP, C1EUR, C1AUD, C1CAD, C1CHF, C1AED, C1MX, and C1JPY will accrue from launch and be paid retroactively once their respective yields are brought online.