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Asseto CASH+ Review: What Can You Verify Before Using It?

Asseto CASH+ is described as a token backed 1:1 by a USD money-market fund. Key details about fees, redemption and how to get the token are not established, so there is not enough to assess it as a place for your money.

By the SkyBitcoins review team · Updated

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At a glance

Asseto CASH+ key facts

Asseto CASH+ key facts
CategoryReal-world asset token
TokenCASH+
BackingDescribed as 1:1 backed by CMS USD Money Market Fund
Audits2 listed; scope and dates unclear
Updated

Asseto CASH+ FAQs

What is Asseto CASH+?

CASH+ is described as a token backed 1:1 by the CMS USD Money Market Fund, which invests in short-term USD instruments. How the backing is held and verified is not established.

Is CASH+ audited?

Two audits are listed, but their names, scope and dates are not established. That is not enough to assess what was reviewed or whether the fund, token contracts or both were covered.

What does it cost to use CASH+, and how do you redeem it?

Fees, redemption terms and access requirements are not established. Check those details directly with Asseto before acquiring or transferring CASH+.

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How we checked

Sources

  1. defillama.com/protocol/asseto-cash+(opens in a new tab)

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