Stably Lists USDSB for Trading with UND on Binance DEX

Stably
Stably
Jul 15 · 3 min read

UND/USDSB is now live for trading on Binance DEX

Continuing our recent number of successful listings, Stably is excited to announce the listing of USDSB against United Network Distribution ($UND) as a base trading pair on Binance DEX at 06:00 UTC, July 15, 2019. In the first hours there have already been over 7,000 in volume traded, and that figure is slowly rising.

USDSB is the first BEP2 stablecoin with a presence on Binance DEX, making it possible for other Binance Chain projects to establish transparent, liquid, and stable on-chain trading pairs.

What is UND?

United Network Distribution (UND) is a dual-standard utility token listed on Binance DEX that powers the WRKChains (Work Reconciliation Key Chains) ecosystem created by Unification (https://unification.com/). UND is used to pay for gas for transactions and timestamping on the UND Mainnet, and is also used for accumulation to become one of the 96 validators once the Mainnet launches.

For related information, please refer to Unification’s blog post: Official Listing of UND on Binance DEX + Lunar Landing Trading Competition + Airdrop

The Unification team has just confirmed that they will be including volume from the UND-USDSB pair in the Lunar Landing Trading Competition. This means that you could win BTC and thousands of BNB for trading USDSB — see the above blog post for details.

How to Buy and Redeem USDSB

Any user can create or redeem USDSB, as well as swap with our ERC-20 USDS token. Simply open a support ticket and a member of our operations team will contact you to provide further instructions.

In the coming weeks, we will integrate this functionality into our web platform, where the process to purchase, redeem, or swap to USDSB will be available.

USDSB can also be bought on Binance or Binance DEX.

To learn more about USDSB, please read our launch blog post here.

Where To Store USDSB

Users can start depositing USDSB tokens on Binance.com into their wallets. Additionally, users can can custody USDSB directly in the following wallets, as well as any other wallets that support BEP2:

About Stably

Stably is a venture-capital backed startup. Our vision for the future is to create a more efficient global infrastructure for transferring and settling funds — faster, cheaper, and accessible to all.

What is USDS?

USDS is a stablecoin created by Stably and issued by Prime Trust, a Nevada-chartered trust company that is also the regulated administrator for USDS. Stablecoins are cryptocurrencies that are equivalent to national currencies — i.e. digital cash. Regulated, fiat-backed stablecoins are backed by physical reserves of cash and can be redeemed at a 1:1 ratio.

USDS virtually eliminates the crippling price volatility of traditional cryptocurrencies like Bitcoin and Ethereum, while still retaining many of their useful characteristics.

Follow our Medium blog to stay up to date with all of our latest announcements.

www.stably.io

Find us on Twitter

Like us on Facebook

Follow us on Instagram

Contact:

Legal: legal@stably.io

Press: marketing@stably.io

Exchanges or market makers: exchanges@stably.io

Partnerships: Amiya Diwan, Chief Product Officer — amiya@stably.io

Investors: Kory Hoang, Chief Executive Officer — kory@stably.io

Stably

Stably’s official blog for company announcements and updates

Stably

Written by

Stably

Stably is building a more efficient global economy — faster, cheaper, and accessible to all — through USDS, a regulated stablecoin. Learn more at www.stably.io

Stably

Stably

Stably’s official blog for company announcements and updates

Welcome to a place where words matter. On Medium, smart voices and original ideas take center stage - with no ads in sight. Watch
Follow all the topics you care about, and we’ll deliver the best stories for you to your homepage and inbox. Explore
Get unlimited access to the best stories on Medium — and support writers while you’re at it. Just $5/month. Upgrade