| General information | |
|---|---|
| Global rank: | 1722 |
| Name: |
Stably USD |
| Symbol: | USDS |
| Current coin price (USD): | 1.03 $ |
| Last hour: | arrow_upward0.000000 % |
| Last 24 hours: | arrow_upward0.000000 % |
| Last 7 days: | 0.120 %trending_up |
| Capitalisation (USD): | 473 526.00 $ |
| Volume 24h (USD): | 0.000000 $ |
| Available supply: | 461 968.00 USDS |
| Total coin supply: | 6 734 798.00 USDS |
| Algorithm: | ETH Token |
| Start date: | 15/08/2018 |
Stably USD/United States Dollar (USDS/USD) price chart
Stably USD/United States Dollar (USDS/USD) capitalisation and volume charts
StableUSD (USDS) is a fiat-collateralized stablecoin created by Stably. Each StableUSD 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 StableUSD reserve balance. By making StableUSD 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.