Stably USD (formerly “StableUSD”), also known as USDS, is a US Dollar-pegged stablecoin fully backed 1-to-1 and redeemable for USD held in an FDIC-insured trust account managed by Prime Trust, a state-chartered trust company in Nevada who is the token’s official regulated trustee and administrator. USDS is currently the 7th largest USD-backed stablecoin in the world and it is also featured on major cryptocurrency exchanges like Binance, Binance DEX and Bittrex. USDS is based on the ERC-20 token standard for Ethereum and the BEP-2 standard for Binance Chain at the moment and we will expand USDS to more blockchain protocols in the future, including EOS and Stellar.
Stablecoin Features:
- Organic Stability
- 1-to-1 USD Backing
- FDIC Insurance for USD
- Regulated Issuer
- Transfer in Minutes
- Free Issue/Redeem
- Instant Issue/Redeem
- P2P & Borderless
- Transparent & Audited
- Programmable Money
- Global KYC Support
- Multichain (ETH & BNB)
