RATE Group | Early-Access Launch of USD-Pegged Cryptocurrency StableUSD Announced by Stably
47543
post-template-default,single,single-post,postid-47543,single-format-standard,ajax_fade,page_not_loaded,,qode_grid_1300,side_area_uncovered_from_content,footer_responsive_adv,qode-content-sidebar-responsive,qode-child-theme-ver-1.0.0,qode-theme-ver-13.3,qode-theme-bridge,wpb-js-composer js-comp-ver-7.9,vc_responsive
 

Early-Access Launch of USD-Pegged Cryptocurrency StableUSD Announced by Stably

01 Nov Early-Access Launch of USD-Pegged Cryptocurrency StableUSD Announced by Stably

Posted at 17:14h in Cryptocurrency News by

[ad_1]

Early-Access Launch of USD-Pegged Cryptocurrency StableUSD Announced by Stably

Stably, a venture capital-backed startup seeking to bring stability to the cryptocurrency market is launching an early-access sale of a price-stable cryptocurrency that is pegged and fully backed 1:1 by the U.S. dollar, the StableUSD (USDS) stablecoin, the company announced in a press release on Oct. 31.

Stably Launches Early-Access StableUSD Sale

The Stably developer team has officially launched its early-access sale of the StableUSD (USDS) token on the Ethereum network, the company announced in a blog post.

Stably, based in Vancouver, Canada, is a venture capital-backed startup seeking to bring stability to the volatile cryptocurrency market through a secure, transparent medium of exchange. The company has already raised around $500,000 in seed funding from various funds and investors to kickstart their StableUSD project.

With each StableUSD token fully backed 1:1 to the U.S. dollar, the tokens are equivalent in value to American fiat currency.

Starting October 31, anyone can apply…

[ad_2]

Source link

Tags:
, , , , , ,