Steem Dollars (SBD) — price, overview & secure storage
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Last Updated on Jun 24, 2026 01:39 AM
What is Steem Dollars? Complete guide to SBD
What is Steem Dollars and who created it?
Steem Dollars are part of the Steem blockchain ecosystem, a unique social blockchain designed to empower communities and create immediate revenue streams for users by rewarding them for content sharing. Steem stands out as the only blockchain capable of supporting real applications through social platforms like Steemit.
Key features of Steem Dollars blockchain
Unlike traditional social media models where shareholders profit from user-generated content, Steem redistributes value back to contributors, allowing them to become stakeholders. This model ensures that users maintain control over their data and earn cryptocurrency rewards for their contributions.
How Steem Dollars transactions work
Steem Dollars are liquid stable-value currency tokens designed to be pegged to $1 USD. They can be traded with STEEM and transferred to other accounts for commerce or exchange. This system fosters a new model of social media engagement that benefits content creators directly, providing them with a tangible reward for their efforts.
Tangem supports networks for Steem Dollars
Temporarily not supported
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Steem Dollars official resources & community
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Similar cryptocurrencies to Steem Dollars (SBD)
| Asset | 24h % | Market cap | |
|---|---|---|---|
 BitcoinBTC | $63,001.75 | -1.51% | $1.26T |
 EthereumETH | $1,675.94 | -2.93% | $0.20T |
 TetherUSDT | $0.9988 | -0.02% | $0.19T |
 BNBBNB | $580.39 | -1.51% | $78.26B |
 USDCUSDC | $0.9998 | -0.00% | $74.07B |
Frequently asked questions about Steem Dollars (SBD)
- Steem Dollars is a blockchain-based digital asset used for transferring value and interacting with decentralized applications. It operates without central control, relying on distributed network technology.
- Its main advantages include speed, accessibility, and compatibility with decentralized tools. The network is optimized to handle different types of operations.
- Yes, both names point to the same token. SBD is just the shorthand symbol used for market and wallet displays.
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