From now on, VNDC will officially support Stably (USDS) on VNDC.io and VNDC Wallet App. VNDC users can now buy, sell, swap, send, receive, store USDS, join the USDS Staking Daily program to receive overnight interest with a profit up to 6% and get a loan (Credit Line) of up to 90% of asset value in USDS.
VNDC x Stably Partnership (USDS)
As part of the strategy to expand the application ecosystem on VNDC Stablecoin platform, the partnership with Stably will bring VNDC users new choices and products. From now on, users can easily buy USDS by VND via VNDC and similarly, buy VNDC by USD via USDS on Stably.io gateway. Supporting USDS on VNDC Wallet can expand users’ digital asset converting options beyond USDT.
Moreover, users who own USDS in VNDC Wallet can join the Staking Daily program to receive overnight interest with a profit up to 6% and get a loan (Credit Line) of up to 90% of asset value in USDS.
“Compared to USDT, USDS assets are secured and rigorously audited by PrimeTrust, which means that each USDS issued will be backed by 1 USD stored at PrimeTrust. This is also the reason why we think USDS can be a potential replacement for USDT ”, said Mr. Tam Tran, CEO of VNDC.
About Stably (USDS)
The Seattle-based Stably is a rapidly growing FinTech company, founded in April 2018 by a group of former bankers and Amazon software engineers. Stably is also the creator of USDS, the 7th largest USD-backed stablecoin in the world, featured on such major crypto exchanges as Binance and Bittrex. Stably is audited, supervised and publicly regulated by Prime Trust, a legal and recognized financial institution in the United States and insured by FDIC for $130 million. Stably was born to make financial transactions faster, cheaper and more transparent through the Borderless Neobanking platform powered by Blockchain technology and open finance APIs.
VNDC is a FinTech company established in July 2019 in Singapore. VNDC is positioned as a Stablecoin for Vietnamese community around the world. VNDC is operated by Blockchain technology based on Ethereum standard ERC-20 and Binance Chain standard BEP-2. VNDC currently ranks 4th by the number of holders and has been featured on major exchanges such as Bittrex, ExMarkets, Finexbox, VinDax and WhiteBIT. VNDC is pegged to the Vietnamese fiat currency (1 VNDC = 1 VND) and backed by assets stored at major commercial banks in Vietnam.
Recently, VNDC has launched VNDC Wallet App for smartphones on Apple Store and Google Play Store.
Now you can download the app and register for a VNDC account to buy, sell, swap, send, receive and store USDS as well as join the Staking Daily program to receive overnight interest with a profit up to 6% and get a loan (Credit Line) of up to 90% of asset value in USDS.