StableUSD Reaches 24-Hour Trading Volume of $93.00 (USDS)

StableUSD (CURRENCY:USDS) traded flat against the dollar during the 1 day period ending at 8:00 AM E.T. on January 15th. Over the last seven days, StableUSD has traded flat against the dollar. One StableUSD coin can currently be bought for $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 24 hours.

Here’s how similar cryptocurrencies have performed over the last 24 hours:

  • Polygon (MATIC) traded up 4.2% against the dollar and now trades at $2.32 or 0.00005428 BTC.
  • Binance USD (BUSD) traded 0.1% higher against the dollar and now trades at $1.00 or 0.00002340 BTC.
  • Polygon (MATIC) traded flat against the dollar and now trades at $2.00 or 0.00003275 BTC.
  • Chainlink (LINK) traded 4.1% higher against the dollar and now trades at $25.49 or 0.00059579 BTC.
  • Crypto.com Coin (CRO) traded up 2.1% against the dollar and now trades at $0.46 or 0.00001077 BTC.
  • Dai (DAI) traded 0.1% lower against the dollar and now trades at $1.00 or 0.00002335 BTC.
  • Parkgene (GENE) traded flat against the dollar and now trades at $25.59 or 0.00045023 BTC.
  • Fantom (FTM) traded 1.4% lower against the dollar and now trades at $2.86 or 0.00006694 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.

StableUSD Profile

StableUSD (CRYPTO:USDS) is a coin. It launched 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 website is www.stably.io. StableUSD’s official Twitter account is @StablyCoin and its Facebook page is accessible here. StableUSD’s official message board 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. “

Buying and Selling StableUSD

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

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