From now on, VNDC will officially support Stably (USDS) on VNDC.io and the VNDC Wallet app. VNDC users can buy, sell, swap, send, receive, store USDS, participate in the USDS Staking Daily program — Receive interest with a profit up to 6% and create a loan (Credit Line) up to 90% of asset value in USDS.
Cooperation between VNDC and Stably (USDS)
As a part of the strategy expanding the application ecosystem on VNDC Stablecoin, the cooperation with Stably will bring new choices and products to VNDC users. From now on, users will easily buy USDS by VND via VNDC and similarly, users can buy VNDC by USD via USDS on Stably.io portal. The support for USDS on VNDC Wallet gives users one more option for digital asset conversion in addition to USDT.
Moreover, users who own USDS in VNDC Wallet will be able to participate in the Staking Daily program — Receive interest with a profit up to 6% a year and can use USDS to create loans (Credit Line) up to 90% of asset value in USDS.
“Compared to USDT, USDS assets are secured and rigorously audited by PrimeTrust, which means that each USDS issued will be backed by 1 USD stored at PrimeTrust. This is also the reason we think USDS will be a potential alternative to USDT ” — Mr. Tam Tran, CEO of VNDC.
About Stably (USDS)
Stably is a fast growing FinTech company from Seattle founded in April 2018 by a team of former bankers and Amazon software engineers. We are also the creator of USDS, the 7th largest US Dollar-backed stablecoin in the world featured on major crypto exchanges like Binance and Bittrex. Our mission is to make financial transactions faster, cheaper and more transparent through a Borderless Neobanking platform powered by blockchain, stablecoins and open finance APIs.
VNDC is a FinTech company founded in July 2019 in Singapore. VNDC is positioned as a Stablecoin for the Vietnamese community living all over the world. VNDC is operated by Blockchain technology based on Ethereum standard ERC-20 and Binance Chain standard BEP-2. VNDC currently ranks 4th in the world in terms of number of users holding VNDC and has been listed on major exchanges such as Nami.Exchange, ExMarkets, Finexbox and VinDax. The value of VNDC assets is always guaranteed by the value of real assets with the exchange rate: 1 VNDC = 1 VND, custodied by major commercial banks in Vietnam and supported with assets up to 100 million US dollars by Nexo.
VNDC has recently launched the VNDC Wallet app for smartphones on the Apple Store and Google Play Store.
Right now, you can download the app, register a VNDC account to buy, sell, swap, send, receive, store USDS, as well as participate in the Staking Daily program — Receive interest with a profit up to 6% and create a loan (Credit Line) up to 90% of asset value in USDS.
(Article provided by VNDC)
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