Stable USD (USDS)
A USD-Backed Stablecoin On The Blockchain.- Stable USD (USDS) is a stablecoin fully backed by the US dollar and developed by Stably. Its company aims at "Connecting Real Assets to the Digital Economy".
- SUSD can always be redeemed 1:1 to US dollars. Funds (for collateral) are held in segregated bank accounts, that are monitored and audited by third-parties.
- SUSD runs on the Ethereum blockchain and the Binance Chain. Unlike most stablecoins, SUSD is not tied to any crypto-exchange.
- Stable USD has been the first stablecoin to be issued on the Binance Chain.