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Does the value of my holdings in US dollars change when I convert them into cUSD tokens?

The answer to this question depends on the current market conditions.

Generally speaking, when you convert your holdings into cUSD tokens, the value of your holdings in US dollars will remain the same. However, due to market fluctuations, the value of your holdings may change over time. For example, if the price of cUSD tokens increases relative to USD, then your holdings in US dollars will increase in value when converted into cUSD tokens.

Conversely, if the price of cUSD tokens decreases relative to USD, then your holdings in US dollars will decrease in value when converted into cUSD tokens.

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