USDS (StablyUSD) has transitioned out of the Ethereum blockchain to Tezos for lower transaction costs, improve security and processing speed.
The regulated stablecoin fully backed by the US dollar, Stably USD (USDS), will launch on the popular public blockchain – Tezos as a part of an ongoing collaboration between the two parties. The stablecoin issuer aims to target lower fees with the Tezos network, which recently went through an upgrade that decreased the costs by about 75%.
