USDD Price Tops $1.00 on Major Exchanges (USDD)

USDD (USDD) traded down 0% against the U.S. dollar during the 1-day period ending at 12:00 PM Eastern on May 22nd. One USDD token can currently be bought for about $1.00 or 0.00001412 BTC on popular exchanges. In the last week, USDD has traded 0.2% lower against the U.S. dollar. USDD has a market capitalization of $729.76 million and approximately $5.34 million worth of USDD was traded on exchanges in the last 24 hours.

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

• KILT Protocol (KILT) traded down 0.6% against the dollar and now trades at $0.30 or 0.00000429 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 down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded 1.3% lower against the dollar and now trades at $0.0104 or 0.00000015 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 732,451,863 tokens and its circulating supply is 732,433,758 tokens. USDD’s official Twitter account is @usddio and its Facebook page is accessible here. The official website for USDD is usdd.io.

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 U.S. dollars. Investors seeking to acquire USDD should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, GDAX or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to buy USDD using one of the aforementioned exchanges.

USDD/USD price chart by TradingView