About StableUSD (USDS)
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StableUSD (USDS) Frequently Asked Questions
What is StableUSD?
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. (Description provided by CryptoCompare)
How do I buy StableUSD?
It is not possible to buy all cryptocurrencies with U.S. dollars. Bitcoin, Bitcoin Cash, Ethereum, Litecoin and other popular cryptocurrencies can be purchased with U.S. dollars using Coinbase or BlockFi. Once you have purchased Bitcoin using Coinbase, you can then transfer your Bitcoin to an exchange such as Binance to purchase other cryptocurrencies, including StableUSD.
Where can I get StableUSD wallet?
StableUSD produces its own wallet software that is available for download on its website, which allows you to store StableUSD on your computer. For maximum security, you can store your cryptocurrencies on a dedicated hardware wallet such as a TREZOR wallet or a Ledger Nano X. If you do not wish to buy a hardware wallet, you may consider using a mobile wallet such as Atomic Wallet, Jaxx, or Coinomi to store multiple cryptocurrencies with some added security benefits.
What is the value of StableUSD?
One StableUSD (USDS) is currently worth $1.00 on major cryptocurrency exchanges. You can also exchange one StableUSD for 0.00007038 bitcoin(s) on major exchanges. The value (or market capitalization) of all available StableUSD in U.S. dollars is $522,166.10.
What hashing algorithm does StableUSD use?
StableUSD is a coin that uses the ETH Token algorithm.
What coins are similar to StableUSD?
The following coins use StableUSD's ETH Token algorithm and proof-type: Binance USD, Chainlink, Polygon, DREP, DREP [old], THETA, Dai, Aave, botXcoin, PancakeSwap, FTX Token, Crypto.com Coin, The Graph, Maker and Axie Infinity.
MarketBeat Community Rating for StableUSD (USDS)MarketBeat's community ratings are surveys of what our community members think about StableUSD and other cryptocurrencies. Vote "Outperform" if you believe the stock will outperform other cryptocurrencies over the long term. Vote "Underperform" if you believe the stock will underperform other cryptocurrencies over the long term. You may vote once every thirty days.
StableUSD (USDS) Price Chart for Sunday, August, 1, 2021
StableUSD (USDS) Search Trends
There is a correlation between price appreciation and public interest in cryptocurrencies, such as StableUSD. Many cryptocurrency investors use Google Trends, which measures the volume of web searches for a particular topic over time, as a tool to gauge whether public interest is increasing or decreasing for a particular cryptocurrency. The chart below shows how search volume has changed for the phrase "StableUSD Coin" over the last 90 days.
StableUSD (USDS) Website Traffic
StableUSD (USDS) Social Media Trends
StableUSD (USDS) News HeadlinesNo headlines for this company have been tracked by MarketBeat.com