Stably Listing Several Stablecoin Pairs on Binance - including USDT, USDC, PAX, and TUSD



Stably is excited to announce the launch of several stablecoin trading pairs with our stablecoin, StableUSD (USDS)! USDS will be trading with USDT, USDC, PAX, and TUSD on Binance at 2:00a on Thursday, February 14th, 2019.

https://www.binance.com/en/trade/USDS_USDT https://www.binance.com/en/trade/USDS_USDC https://www.binance.com/en/trade/USDS_PAX https://www.binance.com/en/trade/USDS_TUSD

How Does USDS Stay at $1?

USDS is a stablecoin designed to be pegged one-to-one with USD (1 USDS = $1 USD). This ratio is guaranteed whenever you want to purchase or redeem USDS directly with Stably, because Stably holds a one-to-one reserve of USD against all issued USDS in the market. View our latest attestation here.

On the open market (e.g. on exchanges such as Binance), this ratio may not be one-to-one, due to various market forces such as demand and available liquidity. Please be cautious if/when the price deviates from this ratio.

How to Purchase and Redeem USDS


Visit https://usds.stably.io to get started!

Visit https://support.usds.stably.io for more information on how to set up, manage, and use your new StableUSD account.

Stably charges no fees for purchase or redemption, outside of associated wire fees from your bank or our regulated trustee for depositing or receiving USD. Our fee schedule is subject to future changes without notice but we will make every best effort to inform existing account holders of such decision in a reasonable amount of time before it happens.

Account opening/closure fees: $0 USD

Account maintenance fee: $0 USD per month

USDS purchase fee: 0% per transaction

USDS redemption fee: 0% per transaction

Ethereum gas fee: 0 ETH

Wire fee for USDS purchase: Please refer to your bank or service provider’s fee schedule.

Wire fee for USDS redemption: Please refer to Prime Trust’s wire fee schedule, currently $15 domestic / $35 international.

About Stably

Stably is a venture-capital backed startup that is on a mission to connect wealth from the real world to the blockchain economy and help bring stability to the volatile cryptocurrency market. We raised seed funding from 500 Startups, Beenext Ventures, and angel investors to kickstart our project.

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Contact:

Legal: legal@stably.io

Press: marketing@stably.io

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Investors: Kory Hoang, CEO — kory@stably.io

Stably is the creator of Stably USD, a USD-backed stablecoin and Stably Prime, a borderless account with a multitude of financial services and products, customizable to the individual or institutions specific needs.

All asset custody, funds processing, convertible virtual currency administration, trustee and fiduciary services are provided by Prime Trust, a Nevada chartered financial institution and licensed trust company. Digital assets are held in secure cold storage and USD funds are held in FDIC-insured bank accounts by Prime Trust. Stably is not a licensed financial institution and Stably does not manage nor take custody of client funds. Prime Trust neither endorses nor guarantees any of the information, recommendations, optional programs, products, or services advertised, offered by, or made available through the external website ("Products and Services") and disclaims any liability for any failure of the Products and Services.

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