Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert
Zero fees, no slippage
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
USDS price

USDS priceUSDS

Listed
Buy
$0.9999USD
-0.01%1D
The USDS (USDS) price in United States Dollar is $0.9999 USD as of 08:33 (UTC) today.
USDS (USDS) will be listed in the Innovation and DeFi Zone. You can quickly sell or buy USDS. Spot Trading Link: USDS/USDT.
New users can get a welcome gift package worth 6200U, Claim it now>>
USDS price USD live chart (USDS/USD)
Last updated as of 2025-09-17 08:33:10(UTC+0)

USDS market Info

Price performance (24h)
24h
24h low $124h high $1
All-time high:
$1.58
Price change (24h):
-0.01%
Price change (7D):
+0.02%
Price change (1Y):
-21.61%
Market ranking:
#9304
Market cap:
$8,013,952,186.29
Fully diluted market cap:
$8,013,952,186.29
Volume (24h):
$7,117,113.88
Circulating supply:
8.01B USDS
Max supply:
--
Total supply:
8.01B USDS
Circulation rate:
99%
Contracts:
0x6491...49b876b(Arbitrum)
Moremore
Links:
Buy/sell USDS now

Live USDS price today in USD

The live USDS price today is $0.9999 USD, with a current market cap of $8.01B. The USDS price is down by 0.01% in the last 24 hours, and the 24-hour trading volume is $7.12M. The USDS/USD (USDS to USD) conversion rate is updated in real time.
How much is 1 USDS worth in United States Dollar?
As of now, the USDS (USDS) price in United States Dollar is valued at $0.9999 USD. You can buy 1USDS for $0.9999 now, you can buy 10 USDS for $10 now. In the last 24 hours, the highest USDS to USD price is $1 USD, and the lowest USDS to USD price is $0.9991 USD.
AI analysis
Today's hot spots in the crypto market

The cryptocurrency market on September 17, 2025, is experiencing a dynamic period, marked by several key developments and evolving trends. Bitcoin (BTC) continues to be the primary barometer for market sentiment, with its price movements heavily influencing altcoin performance. Today, analysts are closely watching its ability to sustain above critical support levels, following a week of mixed trading signals. The broader market appears to be in a state of cautious optimism, as investors weigh macroeconomic factors against ongoing innovation within the crypto space. [1, 2]

One of the significant narratives dominating discussions today revolves around institutional adoption and regulatory clarity. Recent announcements regarding major financial institutions exploring tokenization of real-world assets (RWAs) are creating a buzz. This movement is seen as a pivotal step towards bridging traditional finance with decentralized ecosystems, potentially unlocking trillions in value. Regulatory bodies globally are increasingly focused on establishing clear frameworks for digital assets, with several jurisdictions reportedly making strides in this area. While some uncertainty remains, the growing dialogue between regulators and industry leaders is generally viewed as a positive sign for long-term stability and growth. [1, 3]

Decentralized Finance (DeFi) continues its relentless innovation cycle, with new protocols and financial primitives emerging. Lending and borrowing platforms, decentralized exchanges (DEXs), and liquid staking derivatives are seeing increased activity. Specifically, a few newer DeFi protocols offering novel yield generation strategies are gaining traction, though investors are advised to exercise due diligence due to the inherent risks associated with early-stage projects. The overall TVL (Total Value Locked) in DeFi remains robust, indicating sustained interest despite market fluctuations. [4, 5]

The Non-Fungible Token (NFT) market is also showing signs of a renaissance in certain niches. While the broader speculative fervor of previous years has cooled, utility-driven NFTs and those integrated within gaming and metaverse ecosystems are experiencing renewed interest. Projects that offer tangible benefits or form part of established digital economies are seeing consistent engagement and trading volume. Art and collectibles segments are more selective, with blue-chip collections maintaining their value while newer, less established projects struggle to gain traction. [6]

From a technological perspective, advancements in layer-2 scaling solutions for Ethereum and other smart contract platforms are a constant focal point. These solutions are crucial for improving transaction speeds and reducing gas fees, addressing some of the long-standing challenges hindering wider blockchain adoption. The ongoing development of ZK-rollups and optimistic rollups is particularly noteworthy, promising a more scalable and efficient future for decentralized applications. Additionally, cross-chain interoperability solutions are gaining momentum, aiming to create a more seamless and interconnected blockchain landscape. [7, 8]

Looking at specific assets, while Bitcoin’s price action is key, several altcoins are exhibiting independent strength or weakness based on project-specific developments. Ethereum (ETH) continues to be a central player, with discussions around its upcoming upgrades and its role in the evolving DeFi and NFT landscapes. Other altcoins with strong fundamentals, active development, and growing communities are also attracting investor attention, particularly those focused on real-world utility, enterprise solutions, or novel consensus mechanisms. Market analysts suggest keeping an eye on projects with clear roadmaps and transparent communication. [9, 10]

In summary, the crypto market on September 17, 2025, presents a complex yet exciting picture. Institutional engagement, regulatory progress, continuous DeFi innovation, and the evolving utility of NFTs are shaping the current landscape. While volatility remains an inherent characteristic, the underlying technological advancements and increasing mainstream acceptance signal a maturing market with significant long-term potential. Investors are encouraged to stay informed and approach the market with a well-researched strategy.

Show more

Do you think the price of USDS will rise or fall today?

Total votes:
Rise
0
Fall
0
Voting data updates every 24 hours. It reflects community predictions on USDS's price trend and should not be considered investment advice.
The following information is included:USDS price prediction, USDS project introduction, development history, and more. Keep reading to gain a deeper understanding of USDS.

USDS price prediction

When is a good time to buy USDS? Should I buy or sell USDS now?

When deciding whether to buy or sell USDS, you must first consider your own trading strategy. The trading activity of long-term traders and short-term traders will also be different. The Bitget USDS technical analysis can provide you with a reference for trading.
According to the USDS 4h technical analysis, the trading signal is Strong buy.
According to the USDS 1d technical analysis, the trading signal is Strong buy.
According to the USDS 1w technical analysis, the trading signal is Neutral.

About USDS (USDS)

What Is USDS?

USDS is the stablecoin of Sky Protocol, designed as an upgraded version of DAI to improve stability, scalability, and functionality in decentralized finance (DeFi). Like other stablecoins, USDS is pegged to the US dollar, meaning its value is meant to stay around $1. Unlike centralized stablecoins issued by companies like Tether (USDT) or USDC , USDS is collateral-backed and runs on smart contracts, making it fully decentralized. It plays a key role in the Sky Ecosystem, allowing users to trade, save, and earn rewards without relying on banks or centralized platforms.

You can get USDS by trading it on decentralized exchanges (DEXs), converting DAI to USDS at a 1:1 rate, or minting it using collateral. Once you have USDS, you can hold it as a stable asset, use it for transactions, or earn rewards by participating in Sky Protocol’s savings and rewards programs. Because it’s fully blockchain-based, every transaction is transparent, and no third party has control over your funds.

How USDS Works

USDS is created through Sky Vaults, where users deposit crypto assets like ETH, USDC, or tokenized real-world assets (RWAs) to mint USDS. This system is similar to how MakerDAO’s DAI works, but with added improvements in scalability and governance. Every USDS token is backed by collateral, helping it maintain a stable value. If the value of the collateral drops too much, the system liquidates the position to protect the protocol and its users.

Beyond being just a stablecoin, USDS offers ways to earn rewards. Users can stake USDS in the Sky Savings Rate (SSR) to earn passive income or participate in Sky Token Rewards (STRs), which distribute extra benefits to USDS holders. These features make USDS more than just a digital dollar—it’s also a way to engage with decentralized finance and grow your holdings while keeping stability.

Is USDS Safe?

USDS is built to be secure and stable, backed by excess collateral to prevent sudden drops in value. Since every USDS in circulation is supported by assets in Sky Vaults, the risk of collapse is reduced compared to some algorithmic stablecoins that have failed in the past. The system also has an automated liquidation process, ensuring that if a user’s collateral value falls too low, their assets are sold to keep the protocol balanced.

That said, no cryptocurrency is 100% risk-free. While USDS is designed to hold its $1 value, it’s still subject to market conditions, smart contract vulnerabilities, and potential regulatory changes. Like any DeFi project, it’s important to research the protocol, understand how it works, and only invest what you’re comfortable with.

Conclusion

USDS is a decentralized, collateral-backed stablecoin that plays a central role in Sky Protocol’s financial ecosystem. Its collateralized system and governance model help maintain its peg to the US dollar, making it a potentially useful tool for navigating the crypto space. As DeFi continues to evolve, USDS will be part of the broader shift toward decentralized, user-controlled finance, offering an alternative to traditional stablecoins and centralized financial systems.

Show more

Bitget Insights

Gulshan-E-Wafa
Gulshan-E-Wafa
4d
The Future of Money: Balancing Innovation and Stability.
Money is undergoing one of the most profound transformations in history. For centuries, currency has evolved from metal coins to paper notes, from bank deposits to digital payments. Today, we are entering a new era defined by stablecoins, central bank digital currencies (CBDCs), and tokenized deposits. Each of these innovations promises efficiency, accessibility, and modernization—but they also raise pressing questions about financial stability, regulation, and trust. $USDC $USDS Stablecoins: Bridging Traditional and Digital Finance Stablecoins are digital assets pegged to traditional currencies or commodities. Their appeal lies in the promise of stability combined with the speed and borderless nature of cryptocurrencies. Stablecoins have become central to digital asset markets, serving as mediums of exchange and stores of value. Yet, their stability depends on the robustness of their backing reserves and the transparency of issuers—concerns that regulators worldwide are keen to address. CBDCs: Public Money for the Digital Age Central Bank Digital Currencies (CBDCs) represent state-backed digital cash. Unlike private stablecoins, CBDCs are designed to be risk-free, providing the same level of trust as traditional fiat. They could enhance financial inclusion, reduce transaction costs, and improve the efficiency of cross-border payments. However, their introduction raises complex questions: Should central banks compete with private banks in providing digital money? How can privacy be preserved while ensuring financial integrity? What impact would CBDCs have on monetary policy and banking stability? Tokenized Deposits: Innovation Within the Banking System Tokenized deposits are a way for banks to modernize money without fully reinventing it. They are essentially digital representations of bank deposits that can move across blockchain networks. This approach leverages existing trust in banks while enabling programmability and efficiency. The challenge lies in ensuring interoperability across platforms and aligning with regulatory frameworks. Can Innovation and Stability Coexist? The rapid rise of new forms of money presents a paradox: innovation thrives on experimentation and flexibility, while financial stability requires trust, oversight, and predictability. Finding the right balance will be key. Policymakers, technologists, and financial institutions must collaborate to ensure that innovation does not come at the expense of trust and security. As Tommaso Mancini-Griffoli of the IMF highlights, the debate over the future of money is not just technical—it is also philosophical and societal. At stake is not only the design of new payment systems but the very foundation of trust that underpins modern economies. The Road Ahead The money of tomorrow will likely be a hybrid system where CBDCs, stablecoins, and tokenized deposits coexist, each serving unique roles. Regulation will need to be forward-looking, striking a careful balance between encouraging innovation and safeguarding stability. Ultimately, the dialogue around money is not merely about technology—it is about trust, inclusion, and resilience. As societies navigate this transformation, the question is not whether money will change, but how we will guide that change to benefit people everywhere.
MOVE-1.96%
BANK-3.88%
DefiLlamadotcom_
DefiLlamadotcom_
2025/09/12 02:33
Now tracking @sparkdotfi Savings on @ethereum , @Optimism , @arbitrum , @base & @unichain Allows users to deposit stablecoins into USDS Savings to tap into the Sky Savings Rate, which grants users a predictable APY in USDS
USDS-0.10%
SKY-1.55%
BGUSER-Q6KK6ZRL
BGUSER-Q6KK6ZRL
2025/08/01 18:56
$DAI DAI currently trades at approximately $0.9997, maintaining the strong $1 peg as intended. Minor day‑to‑day fluctuations reflect typical stablecoin behavior. It remains the fourth–largest stablecoin globally by market capitalization—after USDT, USDC, and a few newcomer fiat-backed tokens—with a market cap around $1.6 billion Via Sky Protocol’s SSR module, users can swap DAI to USDS (1:1) and earn a 4.5% annualized yield, which is competitive in a low‑yield environment
DAI-0.02%
USDC0.00%
cryptogister📈
cryptogister📈
2025/07/27 22:10
cryptogist 📢: $5 Billion Just Flowed Into Stablecoins What’s Going On
stablecoins just added nearly $5 billion in a week. Quietly. No fireworks, no headlines. But if you’re paying attention, that’s a big signal. The total stablecoin market Now sitting at $264.9B. And this wasn’t just one whale moving coins around this feels different. USDT Still doing its thing. It added $1.95B like it’s nothing. Say what you want, it’s still the backbone of crypto trading. You want to move size quickly? You’re likely using Tether. Ethena’s USDe is ripping up 24%. If you blinked, you might’ve missed how fast it’s gaining traction. It’s synthetic, it’s DeFi-native, and honestly? It’s starting to make USDC look slow. And then, surprise PayPal’s PYUSD climbed 29% this week. Yep, the same PayPal you used in 2015 to split rent. Now it’s sitting in the top 10 stablecoins, and that’s not nothing. That’s old money trying to play the crypto game seriously. It’s not just about stablecoins being “stable.” People are starting to choose sides — whether they want speed, decentralization, compliance, yield, whatever. The market’s waking up to the idea that all stablecoins aren’t created equal. New coins are creeping up, eating market share, and shifting the foundation under crypto. And nobody’s really talking about it. But if you’re watching flows, the message is clear: Money’s moving. And it’s getting ready for something. $USDC $USDS $SUNDOG $BTC $ETH $DOGS $LTC $ADA $XRP $SOL $PYUSD $PYUSD $USDE
SUNDOG-0.56%
BTC+0.05%

USDS/USD price calculator

USDS
USD
1 USDS = 0.9999 USD. The current price of converting 1 USDS (USDS) to USD is 0.9999. Rate is for reference only. Updated just now.
Bitget offers the lowest transaction fees among all major trading platforms. The higher your VIP level, the more favorable the rates.

USDS resources

USDS ratings
4.4
100 ratings

Tags

Asset-Backed Stablecoin
Moremore
Contracts:
0x6491...49b876b(Arbitrum)
Moremore
Links:

What can you do with cryptos like USDS (USDS)?

Deposit easily and withdraw quicklyBuy to grow, sell to profitTrade spot for arbitrageTrade futures for high risk and high returnEarn passive income with stable interest ratesTransfer assets with your Web3 wallet

How do I buy USDS?

Learn how to get your first USDS in minutes.
See the tutorial

How do I sell USDS?

Learn how to cash out your USDS in minutes.
See the tutorial

What is USDS and how does USDS work?

USDS is a popular cryptocurrency. As a peer-to-peer decentralized currency, anyone can store, send, and receive USDS without the need for centralized authority like banks, financial institutions, or other intermediaries.
See more

Buy more

FAQ

What is the current price of USDS?

The live price of USDS is $1 per (USDS/USD) with a current market cap of $8,013,952,186.29 USD. USDS's value undergoes frequent fluctuations due to the continuous 24/7 activity in the crypto market. USDS's current price in real-time and its historical data is available on Bitget.

What is the 24 hour trading volume of USDS?

Over the last 24 hours, the trading volume of USDS is $7.12M.

What is the all-time high of USDS?

The all-time high of USDS is $1.58. This all-time high is highest price for USDS since it was launched.

Can I buy USDS on Bitget?

Yes, USDS is currently available on Bitget’s centralized exchange. For more detailed instructions, check out our helpful How to buy usds guide.

Can I get a steady income from investing in USDS?

Of course, Bitget provides a strategic trading platform, with intelligent trading bots to automate your trades and earn profits.

Where can I buy USDS with the lowest fee?

Bitget offers industry-leading trading fees and depth to ensure profitable investments for traders. You can trade on the Bitget exchange.

Hot promotions

Where can I buy USDS (USDS)?

Buy crypto on the Bitget app
Sign up within minutes to purchase crypto via credit card or bank transfer.
Download Bitget APP on Google PlayDownload Bitget APP on AppStore
Trade on Bitget
Deposit your cryptocurrencies to Bitget and enjoy high liquidity and low trading fees.

Video section — quick verification, quick trading

play cover
How to complete identity verification on Bitget and protect yourself from fraud
1. Log in to your Bitget account.
2. If you're new to Bitget, watch our tutorial on how to create an account.
3. Hover over your profile icon, click on “Unverified”, and hit “Verify”.
4. Choose your issuing country or region and ID type, and follow the instructions.
5. Select “Mobile Verification” or “PC” based on your preference.
6. Enter your details, submit a copy of your ID, and take a selfie.
7. Submit your application, and voila, you've completed identity verification!
Buy USDS for 1 USD
A welcome pack worth 6200 USDT for new Bitget users!
Buy USDS now
Cryptocurrency investments, including buying USDS online via Bitget, are subject to market risk. Bitget provides easy and convenient ways for you to buy USDS, and we try our best to fully inform our users about each cryptocurrency we offer on the exchange. However, we are not responsible for the results that may arise from your USDS purchase. This page and any information included are not an endorsement of any particular cryptocurrency. Any price and other information on this page is collected from the public internet and can not be consider as an offer from Bitget.