{"id":4966,"date":"2022-03-05T21:49:07","date_gmt":"2022-03-05T21:49:07","guid":{"rendered":"http:\/\/smart.onlinesarafi.com\/index.php\/2022\/03\/05\/stableusd-whitepaper\/"},"modified":"2022-03-05T21:49:07","modified_gmt":"2022-03-05T21:49:07","slug":"stableusd-whitepaper","status":"publish","type":"post","link":"https:\/\/smart.onlinesarafi.com\/index.php\/2022\/03\/05\/stableusd-whitepaper\/","title":{"rendered":"StableUSD Whitepaper"},"content":{"rendered":"<div id=\"post-11282\">\n<div class=\"entry-content\" readability=\"44.670731707317\">\n<p>StableUSD (symbol: USDS) is a fiat-backed stablecoin that is designed to work across multiple blockchain protocols which will initially include Ethereum and Stellar. StableUSD will utilize a proven centralized model to fully back every token issued with an equivalent unit of real currency (i.e. US dollars) in a transparent reserve managed by Stably, Inc., the central issuer of USDS tokens, as well as our fiduciary custodial partners.<\/p>\n<p>In addition to regular third-party audits, token issuance\/redemption transactions are recorded on-chain and all off-chain transactions as well as reserve balances will be broadcasted to the public at frequent intervals. The existence of a physical, transparent and redeemable reserve will effectively peg the market value of USDS tokens to real currency at near 1-to-1 parity.<\/p>\n<p> <a href=\"https:\/\/www.allcryptowhitepapers.com\/wp-content\/uploads\/2019\/02\/Stably.pdf\" class=\"pdfemb-viewer\" data-width=\"max\" data-height=\"max\" data-toolbar=\"bottom\" data-toolbar-fixed=\"on\">Stably<br \/><\/a><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>StableUSD (symbol: USDS) is a fiat-backed stablecoin that is designed to work across multiple blockchain protocols which will initially include Ethereum and Stellar. StableUSD will utilize a proven centralized model to fully back every token issued with an equivalent unit of real currency (i.e. US dollars) in a transparent reserve managed by Stably, Inc., the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-4966","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/posts\/4966","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/comments?post=4966"}],"version-history":[{"count":1,"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/posts\/4966\/revisions"}],"predecessor-version":[{"id":4967,"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/posts\/4966\/revisions\/4967"}],"wp:attachment":[{"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/media?parent=4966"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/categories?post=4966"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/tags?post=4966"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}