Total Market Cap: 276,158,589,482
Volume 24h: 89,130,947,426
CryptoCurrencies: 4912
Exchanges: 294
Dominance: BTC 56.36%

StableUSD
USDS

$ 0.9985
0.64 %
Change 24h
Market Cap
$ 5,719,380
Volume 24h
$ 1,557,250
Circulating Supply
5,742,200
USDS
$
Date Price (USD) Market Cap (USD) Volume 24h (USD)
Name Pair Volume 24h Price Volume % Updated
Description
StableUSD (USDS) is a fiat-collateralized stablecoin created by Stably, Inc. Each StableUSD token is legally backed and redeemable for a US Dollar held in FDIC-insured escrow accounts managed by our fiduciary custodians, such as Prime Trust. The biggest and most obvious problem with using popular cryptocurrencies for transactional purposes at the moment is price volatility. By making StableUSD redeemable and pegged 1-to-1 with US dollars, we can virtually eliminate volatility while still retaining many useful characteristics of a cryptocurrency - including fast transaction speed, anonymity, and immutability.