CODEX, a crypto exchange based out of Estonia, today announced that after recent negotiation with the team of Stably, they have decided to list StableUSD (USDS).
All USDS coins are backed one-to-one by the US dollar, and they can be redeemed for US dollars by verified accounts on their platform.
Stably announced their launch back on February 2019 with listing on Binance.
The CODEX team also successfully added TrueUSD (TUSD). TrustToken, which created TUSD as its first asset, bridges real-world assets and blockchains, with the goal of enabling trustworthy asset tokenization.
TrueUSD is audited by top accounting firm Cohen & Company, and it’s a fully backed stablecoin that can be redeemed 1-to-1 to USD.
CODEX features EOS-based native platform token, CDX, which is designed to add extra value to the exchange and provide its users with beneficial terms, gainful opportunities and rewarding experiences.
CDX is enabled for trade mining, where 1,000,000 tokens are distributed between traders every day.