# USDS? Is this legit?

**URL:** <https://talk.harmony.one/t/usds-is-this-legit/21394>\
**Category:** Community\
**Created:** [September 5, 2022, 8:52am UTC](https://talk.harmony.one/t/usds-is-this-legit/21394 "2022-09-05T08:52:12Z")\
**Posts on this page:** 8\
**Page:** 1

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**Author:** ![Matthew\_Lopez](https://yyz1.discourse-cdn.com/flex035/user_avatar/talk.harmony.one/matthew_lopez/32/10569_2.png) [@Matthew\_Lopez](https://talk.harmony.one/u/Matthew_Lopez)\
**Post date:** [September 5, 2022, 8:52am UTC](https://talk.harmony.one/t/usds-is-this-legit/21394/1 "2022-09-05T08:52:12Z")

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Has anyone heard of any news of this new ONE native stable coin.  
[USDS Stablecoin by Stably Launches on Harmony | Markets Insider (businessinsider.com)](https://markets.businessinsider.com/news/stocks/usds-stablecoin-by-stably-launches-on-harmony-1031714420)

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**Author:** ![4MCrypto](https://yyz1.discourse-cdn.com/flex035/user_avatar/talk.harmony.one/4mcrypto/32/6382_2.png) [@4MCrypto](https://talk.harmony.one/u/4MCrypto)\
**Post date:** [September 5, 2022, 10:04am UTC](https://talk.harmony.one/t/usds-is-this-legit/21394/2 "2022-09-05T10:04:25Z")

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Yes it is legit. Feel free to check the twitter: [https://twitter.com/harmonyprotocol/status/1564884255573950466](https://twitter.com/harmonyprotocol/status/1564884255573950466)

Its a KYC platform where 1 usds is always backed with 1 dollar. They have monthly audits on their liquidity

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**Author:** ![Pioneer](https://yyz1.discourse-cdn.com/flex035/user_avatar/talk.harmony.one/pioneer/32/12763_2.png) [@Pioneer](https://talk.harmony.one/u/Pioneer)\
**Post date:** [September 5, 2022, 3:45pm UTC](https://talk.harmony.one/t/usds-is-this-legit/21394/3 "2022-09-05T15:45:31Z")

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Yup! They are the real deal and are a major step in the process of recovering DeFi on Harmony!

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**Author:** ![Matthew\_Lopez](https://yyz1.discourse-cdn.com/flex035/user_avatar/talk.harmony.one/matthew_lopez/32/10569_2.png) [@Matthew\_Lopez](https://talk.harmony.one/u/Matthew_Lopez)\
**Post date:** [September 6, 2022, 9:12am UTC](https://talk.harmony.one/t/usds-is-this-legit/21394/4 "2022-09-06T09:12:47Z")

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Yeah this could drive things bullish again I hope tranq gets this on their protocol asap and opens up lending and borrowing on it.

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**Author:** ![UnArge4](https://yyz1.discourse-cdn.com/flex035/user_avatar/talk.harmony.one/unarge4/32/15658_2.png) [@UnArge4](https://talk.harmony.one/u/UnArge4)\
**Post date:** [September 7, 2022, 7:50pm UTC](https://talk.harmony.one/t/usds-is-this-legit/21394/5 "2022-09-07T19:50:13Z")

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Please do not publish any information here where can it be traded!

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**Author:** ![Matthew\_Lopez](https://yyz1.discourse-cdn.com/flex035/user_avatar/talk.harmony.one/matthew_lopez/32/10569_2.png) [@Matthew\_Lopez](https://talk.harmony.one/u/Matthew_Lopez)\
**Post date:** [September 13, 2022, 12:59am UTC](https://talk.harmony.one/t/usds-is-this-legit/21394/6 "2022-09-13T00:59:31Z")

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What do you mean? Is there an issue with this post ?

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**Author:** ![UnArge4](https://yyz1.discourse-cdn.com/flex035/user_avatar/talk.harmony.one/unarge4/32/15658_2.png) [@UnArge4](https://talk.harmony.one/u/UnArge4)\
**Post date:** [September 17, 2022, 9:10am UTC](https://talk.harmony.one/t/usds-is-this-legit/21394/7 "2022-09-17T09:10:53Z")

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Please explain how to swap any Harmony asset to USDS?

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**Author:** ![Rel](https://yyz1.discourse-cdn.com/flex035/user_avatar/talk.harmony.one/rel/32/14969_2.png) [@Rel](https://talk.harmony.one/u/Rel)\
**Post date:** [September 17, 2022, 12:06pm UTC](https://talk.harmony.one/t/usds-is-this-legit/21394/8 "2022-09-17T12:06:17Z")

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I believe there is liquidity on Sushi and a smaller amount of Fuzz.