Overview
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 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 backed 1-to-1 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).
STEP 1: Navigate to ramp.stably.io, click on the "☰" icon, then click on "Login/Signup"
STEP 2: Log in with your credentials or open a new account
STEP 3: Once logged in, you can now place an order to mint, redeem, or swap USDS
To learn more about Stably, visit our website.
RISK DISCLAIMER: Digital assets involve significant risks, including (but not limited to) market volatility, cybercrime, regulatory changes, and technological challenges. Past performance is not indicative of future results. Digital assets are not insured by any government agency and holding digital assets could result in loss of value, including principal. Stablecoins (e.g., USDS) and bridged assets (e.g., BTCS) involve additional risks, such as technical challenges, security vulnerabilities, reliance on third-party custodians, and dislocation of market prices relative to the underlying collaterals. Please conduct your own thorough research and understand potential risks before purchasing/holding digital assets. Nothing herein shall be considered legal or financial advice. For more information about the risks and considerations when using our services, please view our full disclaimer.