Due to the way that Binance Chain is structured, Stably issued the max supply of USDSB at the beginning — a total of 90 billion tokens. The entirety of these tokens were moved to a treasury wallet and frozen. Users can at any time verify the amount of USDSB in circulation, and there are several methods to do this.
Treasury wallet balance:
Using the Binance Chain explorer, you can see how much USDSB is in our treasury wallet. 90B minus this amount is how much USDSB is in circulation.
Record of freezes and unfreezes:
This thread will track every time the circulating supply of USDSB freezes and unfreezes. A member of the Stably team will post every time we freeze or unfreeze USDSB tokens on Binance Chain. This will happen every time someone wishes to create or redeem USDSB.
Live-API transparency graph:
As always, you will be able to see the reserve balance of StableUSD in real-time via a live feed from the API of our reserve holder, Prime Trust. This dashboard is available for anyone on the StableUSD platform.
The StableUSD in circulation and USD in our reserve numbers displayed on our dashboard will show the sum of tokens issued on Binance Chain and our ERC-20 tokens and the sum of the USD reserves for each of those tokens respectively.