General information | |
---|---|
Global rank: | 983 |
Name: |
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Symbol: | USDS |
Current coin price (CVE): | 99.22 $ |
Last hour: | arrow_upward0.220 % |
Last 24 hours: | arrow_upward8.80 % |
Last 7 days: | 6.85 %trending_up |
Capitalisation (CVE): | 39 686 595.76 $ |
Volume 24h (CVE): | 336 238.96 $ |
Available supply: | 400 000.00 USDS |
Total coin supply: | 6 734 798.00 USDS |
Algorithm: | ETH Token |
Start date: | 15/08/2018 |
Stronghold USD/Cape Verdean Escudo (USDS/CVE) price chart
Stronghold USD/Cape Verdean Escudo (USDS/CVE) 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.