Exploring Stablecoins with Stably or StableUSD - Blogs Over Coffee
Thus, StableUSD is a payment application Stably disguises as an altcoin. Therefore, a good way to view to USDS is as an interface between the banking system and the crypto economy or Ethereum blockchain. Stably’s creators hope to popularize StableUSD by not charging fees for its use. For instance, the Stably team hopes to tap the $689 billion remittance market. To elaborate, remittances are money people wire to people in other countries. For example, money an Argentine living in Brooklyn sends to his mother in Buenos Aires.