USDD (USDD) 1-Day Volume Tops $6.71 Million

USDD (USDD) traded up 0.2% against the U.S. dollar during the 24-hour period ending at 11:00 AM ET on May 2nd. USDD has a market cap of $733.24 million and approximately $6.71 million worth of USDD was traded on exchanges in the last 24 hours. In the last week, USDD has traded up 1.1% against the U.S. dollar. One USDD token can currently be bought for $1.00 or 0.00001680 BTC on major exchanges.

Here is how similar cryptocurrencies have performed in the last 24 hours:

• KILT Protocol (KILT) traded 8.5% higher against the dollar and now trades at $0.30 or 0.00000505 BTC.
• Aidi Finance (BSC) (AIDI) traded down 2.2% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded down 2.2% against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded down 2.2% against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Kitty Inu (KITTY) traded up 1.9% against the dollar and now trades at $95.84 or 0.00338062 BTC.
• Hokkaidu Inu (HOKK) traded up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Lego Coin (LEGO) traded flat against the dollar and now trades at $0.0086 or 0.00000013 BTC.
• Jeff in Space (JEFF) traded 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded up 3.7% against the dollar and now trades at $0.0100 or 0.00000017 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

USDD Token Profile

USDD launched on May 4th, 2022. USDD’s total supply is 736,965,854 tokens and its circulating supply is 736,826,299 tokens. USDD’s official website is usdd.io. USDD’s official Twitter account is @usddio and its Facebook page is accessible here.

According to CryptoCompare, “USDD is a stablecoin issued by the TRON DAO Reserve, pegged to the US dollar to maintain steady value for electronic payments and to bridge the digital and traditional assets gap. The cryptocurrency’s stability and security are ensured by over-collateralization with major digital assets like BTC, USDT, and TRX, with a collateral ratio always above 120% of the circulating USDD, adjusted responsively according to market conditions. Founded by H.E. Justin Sun in 2017, TRON DAO created USDD as a tool to increase transaction scale and hedge against the price volatility of cryptocurrencies, thereby promoting its use in both blockchain and real-world economies.”

USDD Token Trading

It is usually not possible to buy alternative cryptocurrencies such as USDD directly using US dollars. Investors seeking to acquire USDD should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Changelly, GDAX or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to buy USDD using one of the exchanges listed above.

USDD/USD price chart by TradingView