StableUSD (USDS) Price Tops $1.00 on Major Exchanges

StableUSD (USDS) traded flat against the US dollar during the 24-hour period ending at 22:00 PM E.T. on May 14th. Over the last seven days, StableUSD has traded flat against the US dollar. One StableUSD coin can currently be purchased for about $1.00 or 0.00007038 BTC on cryptocurrency exchanges. StableUSD has a market capitalization of $522,166.10 and approximately $93.00 worth of StableUSD was traded on exchanges in the last day.

Here is how other cryptocurrencies have performed over the last day:

  • BITCOIN ADDITIONAL (BTCA) traded 1.2% higher against the dollar and now trades at $29,999.17 or 1.00000314 BTC.
  • Binance USD (BUSD) traded up 0% against the dollar and now trades at $1.00 or 0.00003341 BTC.
  • Crypto.com Coin (CRO) traded up 5% against the dollar and now trades at $0.41 or 0.00001075 BTC.
  • Parkgene (GENE) traded flat against the dollar and now trades at $25.59 or 0.00045023 BTC.
  • DREP (DREP) traded flat against the dollar and now trades at $1.96 or 0.00003398 BTC.
  • DREP [old] (DREP) traded flat against the dollar and now trades at $1.96 or 0.00003399 BTC.
  • Dai (DAI) traded up 0.1% against the dollar and now trades at $1.00 or 0.00003337 BTC.
  • Polygon (MATIC) traded 3.4% lower against the dollar and now trades at $0.68 or 0.00002252 BTC.
  • THETA (THETA) traded flat against the dollar and now trades at $5.25 or 0.00010640 BTC.
  • FTX Token (FTT) traded up 0.2% against the dollar and now trades at $31.48 or 0.00104936 BTC.

StableUSD Profile

StableUSD (CRYPTO:USDS) is a coin. It was first traded on August 15th, 2018. StableUSD’s total supply is 90,000,487,233 coins and its circulating supply is 519,602 coins. StableUSD’s official Twitter account is @StablyCoin and its Facebook page is accessible here. The official website for StableUSD is www.stably.io. The official message board for StableUSD is medium.com/stably-blog.

According to CryptoCompare, “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. “

StableUSD Coin Trading

It is usually not presently possible to buy alternative cryptocurrencies such as StableUSD directly using US dollars. Investors seeking to acquire StableUSD should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Coinbase, GDAX or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to buy StableUSD using one of the aforementioned exchanges.

Receive News & Updates for StableUSD Daily - Enter your email address below to receive a concise daily summary of the latest news and updates for StableUSD and related cryptocurrencies with MarketBeat.com's FREE CryptoBeat newsletter.