${ project.token } (${ project.short_token }) #${ project.rank }
${ project.name }
@${ project.slug }
${ project.price_btc } BTC
Socials
Explorers
${explorer.short}| MarketCap | $ ${ project.market_cap } |
|---|---|
| Volume(24h) | $ ${ project.volume_24 } |
| Circulating Supply | ${ project.circulating_supply } ${ project.short_token } |
| Total Supply | ${ project.total_supply } ${ project.short_token } |
About the project
Stably is a reserve-backed stablecoin that is designed to work across multiple blockchain protocols which will initially include Ethereum and Stellar. Stably will utilize a proven centralized model to fully back every token issued with 1.00 US Dollar in a transparent reserve managed by Stably, Inc, the central issuer of Stably tokens. In addition to regular third-party audits, token issuance/repurchase transactions are recorded on-chain and all off-chain transactions as well as reserve balances will be broadcast to the public at frequent intervals. The existence of a physical and transparent reserve will effectively peg the market value of Stably to USD at near 1-to-1 parity. The stability of Stably’s market price will be supported by natural market forces and–if necessary–direct token supply adjustment by Stably, Inc., via open market operations.
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$48 080.06
$3 303.69