Steem Dollars are a stablecoin that are designed to be used as a less volatile medium of exchange on the Steem platform.
- Founded 2016
- Steem Platform Stablecoin
About Steem Dollars
Steem Dollars, or Steem Based Dollars, are stablecoins released by the Steem platform and pegged to the USD. Steem Dollars (SBD) are one of the three currencies that help power the Steem social media platform. SBD holders are entitled to receive one dollars worth of STEEM when it is redeemed.