What is #USD?
Stably USD (symbol: #USD) is a US Dollar-backed stablecoin based on the BRC20 standard of the Bitcoin Ordinals protocol. #USD is designed to provide the Bitcoin community with a transparent and regulatory-compliant stablecoin to seamlessly onramp from TradFi to BitFi. Every #USD token is fully collateralized and redeemable 1-to-1 for USD held by Prime Trust at FDIC-insured banks for the benefit of KYC-verified token holders. For more information about Prime Trust’s banking relationships, click here.
Monthly attestations for the Prime Trust fiat collateral account are conducted on a monthly basis by The Network Firm to ensure the number of circulating stablecoins is equal to the collateral account’s balance. For more information, click here.
- Name: Stably USD
- Symbol: #USD
- Network: Bitcoin (BRC20)
- Total Supply: 69,420,000,000,000*
- Market Cap (May 24, 2023): $101,000
- Deployment Inscription: #8,727,192
- Inscription ID: cc2483940adb3dcabbd2f3856d45b206004d88bab78b9e9e056b9565ea119a07i0
- Treasury Wallet Address: bc1qfy3tahmr2gw3l3974gafuvkvv4y7lwv8vc3k7a
*Note: All non-circulating #USD token supply (i.e. un-issued/un-backed tokens) is held by Stably in the Treasury Wallet. #USD tokens outside of the Treasury Wallet are considered as “issued tokens” and part of the circulating supply. When #USD was first deployed on May 22, 2023, the entire token supply was minted and moved into the Treasury Wallet.
Blockchain networks
The Bitcoin network is a P2P electronic cash system. It is the world’s oldest and largest blockchain. Ordinals are a way of representing data inscribed on the Bitcoin network. BRC20 is a standard for creating and exchanging ordinal-based tokens Bitcoin. To learn more, check out the Bitcoin white paper here.
The Bitcoin network is a P2P electronic cash system. It is the world’s oldest and largest blockchain. Ordinals are a way of representing data inscribed on the Bitcoin network. BRC20 is a standard for creating and exchanging ordinal-based tokens Bitcoin. To learn more, check out the Bitcoin white paper here.How to buy/sell #USD?
- 1
Follow the instructions here to verify KYC/KYB
- 2
Fill out and submit your transaction request form (button below)
- 3
Our team will contact you shortly after to provide instructions for the next steps
- 4
Deposit USD into our collateral account at Prime Trust to receive #USD in your personal wallet. Accepted payment methods include Fedwire, SWIFT, USDC, and USDT.
