USDS is a stablecoin designed to maintain a 1:1 peg with the US dollar, ensuring price stability for digital transactions. As of Oct 20, 2026, it trades at $0.999793 with a market cap of $10.04B, ranking #15 among tracked cryptocurrencies.
It aims to facilitate seamless currency exchange in the cryptocurrency ecosystem. Source: CoinPaprika.com
What is the USDS token used for?
The USDS token is associated with arbitrum ecosystem, base ecosystem, ethereum (eth) token (erc-20), solana (sol) token, and maintaining a stable, low-volatility store of value, based on the tags CoinPaprika applies to Usds.
Usds history and key milestones
Usds started on Sep 18, 2024, CoinPaprika's price data for it begins on Sep 21, 2024, and it reached an all-time high of $1.5821 on Sep 24, 2024.