| General information | |
|---|---|
| Global rank: | 2195 |
| Name: |
Sperax USD |
| Symbol: | USDs |
| Current coin price (MXN): | 17.84 $ |
| Last hour: | arrow_upward2.48 % |
| Last 24 hours: | arrow_upward1.18 % |
| Last 7 days: | -1.05 %trending_down |
| Capitalisation (MXN): | 14 298 176.02 $ |
| Volume 24h (MXN): | 1 570 683.80 $ |
| Available supply: | 801 497.00 USDs |
| Total coin supply: | -1 USDs |
| Start date: | 2018-08-15 |
Sperax USD/Mexican Peso (USDs/MXN) price chart
Sperax USD/Mexican Peso (USDs/MXN) capitalisation and volume charts
Stably USD (USDS) is a fiat-collateralized stablecoin created by Stably. Each Stably USD token is legally backed and redeemable for a US Dollar held in escrow accounts managed by Stably's regulated trustees, such as Prime Trust. To provide a complete and up-to-date level of transparency, Stably provides a view of its reserve balance in real-time via a live feed from the API of its reserve holders. Independent third-party Cohen & Co. also provides regular attestations on the Stably USD reserve balance. By making Stably USD redeemable and pegged 1-to-1 with US dollars, it virtually eliminates volatility while still retaining many useful characteristics of a cryptocurrency - including fast transaction speed, anonymity, and immutability.