Stably provides regulatory-compliant stablecoin infrastructure and multi-chain fiat on/off-ramps for emerging blockchains. Their mission is to connect TradFi and DeFi through stablecoins.
USDS is a 100% USD-backed stablecoin issued via Stably and Prime Trust, a regulated trust company partner, and SEC-qualified custodian. Every USDS token is fully backed 1:1 with USD funds held in bank accounts by Prime Trust for the benefit of token holders.
Additionally, Cohen & Co., an industry leader in stablecoin auditing, conducts monthly attestations for USDS across all blockchain networks it lives on to ensure 1:1 collateralization. Stably Ramp is a plug-and-play fiat-to-crypto and stablecoin gateway widget that enables Web3 users from 190+ countries/regions to buy/sell tokens (including USDS) efficiently at competitive rates using traditional payment methods.