StableUSD/USDS is for users looking to convert fiat-currency into cryptocurrency, and redeem cryptocurrency for fiat-currency via wire transfer. Users are subject to KYC requirements by our
regulated trust company partner, Prime Trust as well as other regulated financial and legal institutions.
USDS provides incentive for cryptocurrency asset traders who are searching for a price-stable token to utilize in the growing crypto market. We provide an easy, user-friendly, and secure way of moving fiat value across exchanges and banking service providers.
The immediate use case for USDS is to help crypto-traders preserve their wealth during periods of market volatility. In the future, a stablecoin like USDS could also be applied to other use cases such as fast and borderless payments, an efficient and cheaper solution for remittance, smart contract and DApp integration, and a reliable alternative to money in developing or hyper-inflationary economies.