Stablecoin-as-a-Service2023-03-20T20:59:35-08:00

Stablecoin-as-a-Service

Need fast and compliant stablecoin infrastructure for your ecosystem? We can build it in 3 months or less.

Contact Us

How It Works

  • Stably-branded or white-label
  • Mint / redeem 1-to-1 with USD
  • Blockchain-agnostic issuance
  • Token tech provider: Stably
  • Regulated custodian: Prime Trust

  • Reserve auditor: stablecoin attestator

  • less than 3 months integration time per client
  • Ongoing operation and user support
  • Support documentation and videos

Client Highlight

In Q4 2021, VeChain turned down other major USD stablecoin issuers, including USDC and USDT to work with Stably for better development cost and time.

Stably quickly closed a partnership deal with VeChain to develop “VeUSD,” a USD-backed stablecoin issued on the VeChainThor network (i.e. a white-labeled USDS for their blockchain).

After 3 months of development, Stably launched VeUSD successfully in Q1 2022 and has attracted more than $5m+ in market cap since 🚀

Testimonials

Kitco Digital Metals

“Our friends at Stably were very instrumental in Kitco’s expansion into Web3 with the launch of our very own gold-backed stablecoin.”

~ John Dourekas

VeChain Foundation

“VeUSD will be one of the key infrastructure-level tools for DeFi and Web3 on Vechain. Thanks to Stably for the great collaboration!”

~ Sunny Lu

ICON Foundation

“Instead of having to build our own stablecoin with Prime Trust, Stably came in and made things much easier with USDS on ICON.”

~ Daeki Lee

SCaaS Partners

SCaaS Clients

Talk to US!

Let our experts assist you with your fiat on/off-ramp strategy and implementation! We take the extra effort to consider the nuances of your business and the quickly evolving landscape of Web3 in order to tailer recommendations that meet your current and future needs.

Schedule a Call

¹ Financial services are provided by Prime Trust, L.L.C., a Nevada Trust Company through Stably’s user interface technology platform. All financial, custodian, and remittal services through the Stably Prime account are administered and issued by Prime Trust, or any of its regulated banking partners.

² Prime Trust supports currencies and assets including fiat, Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Tether (USDT), USD Coin (USDC), NFTs, and private tokenized securities.

³ To send and receive fiat and crypto on the Stably Prime platform, each account is subjected to satisfactory KYB verification through Prime Trust, as well as subjected to Stably’s Terms of Service (ToS), and Prime Trust’s Terms of Service (ToS).

⁴ Stably Prime (by Prime Trust) is a self-directed custodial account offered by Prime Trust through Stably. Prime Trust is a Nevada state-chartered trust company (License No. TR10035). All asset custody, funds processing, convertible virtual currency administration and compliance services are provided by Prime Trust. Digital assets are held in secure cold storage and USD funds are held in secured USD custody bank accounts by Prime Trust. Stably is a tech service provider, not a bank or financial service company.

⁵ Signing up for an account is quick and only takes a few minutes. Successful account registration is contingent upon satisfactory KYB verification by Prime Trust. To ensure your account is KYB verified as quickly as possible, we recommend all necessary documentation in either English or translated in romanized characters. All documents submitted for KYB purposes that are not in English or translated in romanized characters are subject to manual verification by Prime Trust, which may delay your account registration and verification.

⁶ Prime Trust, LLC is the official issuer and administrator of funds through the Stably Prime platform.

⁷ All custody and funds processing services are handled by Prime Trust LLC, a Nevada Trust Company. Stably does not manage nor custody customer funds.

⁸ Prime Trust is not a FDIC-member. USD funds held by Prime Trust are deposited with a network of custodian banks syndicated through IntraFi Network, a Virginia-based financial technology company. IntraFi enables USD balances held by Prime Trust to be swept to deposit accounts at multiple secured USD custody institutions, enabling multi-bank secure USD custody coverage for Prime Trust customers.

⁹ Stably does not charge any fees to open or hold an account. Prime Trust fees may apply.

Related Insights

Join our Community

Want to chat? Have a question?
Join our Discord community.

Join Discord Community

Follow us

For Individuals

For Partners

Stablecoins

Company

Follow us

© Stably Corporation

DISCLAIMER: Stably Corporation (“Stably”) is a blockchain and financial technology service provider, not a bank, with a registered address at 16192 Coastal Hwy, Lewes, DE 19958, USA. Stably Trading LLC (“ST”), a wholly owned subsidiary of Stably, is a FinCEN-registered money service business (MSB) with registration number 31000219855769 and a registered address at 10 E Pearl Ave Suite 200, Jackson, WY 83001, USA. Stably provides technology and services to ST and Prime Trust LLC (“PT”), a state-chartered trust company and SEC-qualified custodian with license number TR10035 and a registered address at 330 S Rampart Blvd Suite 260, Las Vegas, NV 89145, USA. PT utilizes Fireblocks LLC (“Fireblocks”), an institutional wallet provider, to provide digital asset custody support. Fireblocks is a FinCEN-registered MSB with registration number 31000187180862 and a registered address at 221 River St, 9th Floor, Hoboken, NJ 07030, USA.

Blockchain-connected products and services offered by Stably and ST (or offered by others through Stably’s or ST’s white-label solutions) are built on top of PT’s infrastructure via manual and automated integrations, leveraging its financial services including (but not limited to) traditional and digital asset custody, trading, payments, escrow, trustee, convertible virtual currency (CVC) administration—as defined by FIN-2013-G001—plus Bank Secrecy Act (BSA) and anti-money laundering (AML) compliance services. PT is not an FDIC-insured institution but it works with FDIC-insured custodian banks to hold US Dollar (USD). Digital assets held by PT with Fireblocks are not FDIC-insured.

Stably Prime and Stably Ramp are self-directed custodial accounts (“Stably Accounts”) that enable the BSA/AML-verified account holder (“Stably User”) to custody assets, deposit or disburse funds, buy or sell digital assets, and mint or redeem stablecoins and bridged tokens. Custody support for Stably Accounts (provided by PT) includes both USD and digital assets. Only Stably Users who are verified by PT, Stably, and ST for compliance with its terms and policies are allowed to deposit or disburse, mint or redeem, and buy or sell funds and assets in Stably Accounts. Disbursements from Stably Accounts to third parties are permitted but third-party deposits into Stably Accounts are prohibited.

Stably USD (also known as “Stably Dollar” or “USDS”) is a multi-blockchain US Dollar stablecoin backed with USD held in a trust (“USDS Trust”) managed by PT for the benefit of BSA/AML-verified holders of USDS and other USDS white-label tokens (“USDS Holders”). PT is the USDS Trust’s regulated trustee. PT is also the regulated CVC administrator of USDS and other USDS white-label tokens collateralized by the USDS Trust. PT may only place trust funds with FDIC-insured banks as cash or in short-term US Treasury instruments. USDS and USDS white-label tokens are not FDIC-insured. Every USDS or USDS white-label token may be minted or redeemed 1-to-1 with USD according to Stably’s terms of service, minus fees, through a Stably Account.

Stably BTC (also known as “Stably Bitcoin” or “BTCS”) is a multi-blockchain Bitcoin (BTC) bridged token backed with BTC held in a collateral account managed by PT for the benefit of BSA/AML-verified holders of BTCS and other BTCS white-label tokens (“BTCS Holders”). ST is the regulated CVC administrator of BTCS and other BTCS white-label tokens backed by the collateral account. Every BTCS or BTCS white-label token may be minted or redeemed 1-to-1 with BTC according to ST’s terms of service, minus fees, through a Stably Account.

Stably ETH (also known as “Stably Ether” or “ETHS”) is a multi-blockchain Ether (ETH) bridged token backed with ETH held in a collateral account managed by PT for the benefit of BSA/AML-verified holders of ETHS and other ETHS white-label tokens (“ETHS Holders”). ST is the regulated CVC administrator of ETHS and other ETHS white-label tokens backed by the collateral account. Every ETHS or ETHS white-label token may be minted or redeemed 1-to-1 with ETH according to ST’s terms of service, minus fees, through a Stably Account.

PT, Stably, and ST reserve the right to deny, suspend or terminate anyone’s usage of Stably Accounts, USDS, BTCS, ETHS, and other white-label products, if either PT, Stably or ST deems it advisable or necessary to comply with applicable laws or to eliminate practices that are not consistent with laws, rules, regulations, or best practices.

Nothing contained herein shall be considered financial advice or recommendation to buy or sell any security, commodity, cryptocurrency, digital asset, or any other financial instrument or asset. Cryptocurrencies, digital assets, and investing have many risks, including risk of losses beyond principal investment or purchase amount. Past performance is not indicative of future results. You should be aware of all the risks associated with cryptocurrency and digital asset investing, purchasing, and transacting and seek advice from an independent licensed financial advisor.