| General information | |
|---|---|
| Global rank: | 983 |
| Name: |
Stronghold USD |
| Symbol: | USDS |
| Current coin price (KES): | 132.06 KSh |
| Last hour: | arrow_upward0.220 % |
| Last 24 hours: | arrow_upward8.80 % |
| Last 7 days: | 6.85 %trending_up |
| Capitalisation (KES): | 52 824 936.45 KSh |
| Volume 24h (KES): | 447 551.66 KSh |
| Available supply: | 400 000.00 USDS |
| Total coin supply: | 6 734 798.00 USDS |
| Algorithm: | ETH Token |
| Start date: | 15/08/2018 |
Stronghold USD/Kenyan Shilling (USDS/KES) price chart
Stronghold USD/Kenyan Shilling (USDS/KES) 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.