Stably USD (symbol: USDS) is a multichain US Dollar stablecoin redeemable 1-to-1 for USD or USDC. The collateral of USDS is held in liquid USD-denominated assets—including bank deposits, money market instruments, and/or USDC—by our regulated money service business (MSB) partner, Bridge, or a designated trustee for the benefit of verified USDS token holders. Additionally, periodic attestations shall be performed by an independent attestor to verify that every USDS token in circulation is always backed with collateral.
Since 2018, we have expanded USDS to multiple blockchain networks, including Chia Network, Coreum, Polymesh, and STRATO Mercata, with more coming soon in the future. Click here to view a full list of networks that USDS is currently live on.
With USDS, anyone in the world can easily on-ramp from fiat to crypto, settle payments or cross-border remittances near-instantly, and interact with popular Web3 applications.
How to Mint & Redeem USDS
Individual and business users worldwide can now onboard from 170+ countries/regions to mint/redeem USDS through a variety of payment methods such as ACH, Fedwire, Visa, and Mastercard, plus other popular stablecoins on major networks (e.g., USDC). All of this is accessible through Stably Ramp, a powerful on/off-ramp widget that can also be embedded into third-party applications such as Web3 wallets and DeFi protocols. Through Stably Ramp, users can easily buy, sell, or swap digital assets, including USDS, using stablecoin and fiat payments for as low as 0.5% in transaction fees (excluding gas).
Need more help? Join our Discord Community!