USDD Price Tops $1.00 on Major Exchanges (USDD)

USDD (USDD) traded down 0.1% against the US dollar during the 24 hour period ending at 12:00 PM ET on March 18th. USDD has a market capitalization of $22.79 million and $6.05 million worth of USDD was traded on exchanges in the last 24 hours. One USDD token can currently be purchased for $1.00 or 0.00001221 BTC on popular cryptocurrency exchanges. During the last week, USDD has traded up 0% against the US dollar.

Here’s how other cryptocurrencies have performed during the last 24 hours:

• Taiko (TAIKO) traded 2.7% lower against the dollar and now trades at $0.62 or 0.00000760 BTC.
• Aidi Finance (BSC) (AIDI) traded 2.2% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded 2.2% lower 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.
• Hokkaidu Inu (HOKK) traded 1.2% higher against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Jeff in Space (JEFF) traded down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 0.1% lower against the dollar and now trades at $82,698.77 or 1.01629222 BTC.
• SolvBTC (SOLVBTC) traded down 1.4% against the dollar and now trades at $81,965.61 or 1.00081353 BTC.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.

USDD Profile

USDD’s genesis date was May 4th, 2022. USDD’s total supply is 263,192,793 tokens and its circulating supply is 22,798,484 tokens. The official website for USDD 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.”

Buying and Selling USDD

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

USDD/USD price chart by TradingView