USDD (USDD) Hits Self Reported Market Cap of $7.12 Million

USDD (USDD) traded down 0.1% against the dollar during the 24-hour period ending at 10:00 AM ET on September 21st. Over the last week, USDD has traded 0% lower against the dollar. One USDD token can now be bought for approximately $1.00 or 0.00001168 BTC on major exchanges. USDD has a market capitalization of $7.12 million and $9.41 million worth of USDD was traded on exchanges in the last day.

Here’s how similar cryptocurrencies have performed over the last day:

  • 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 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 BTC.
  • Hokkaidu Inu (HOKK) traded up 1.2% 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.
  • CateCoin (CATECOIN) traded 0.3% lower against the dollar and now trades at $0.11 or 0.00000128 BTC.
  • SolvBTC (SOLVBTC) traded 5.7% higher against the dollar and now trades at $84,869.69 or 0.99205332 BTC.
  • Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
  • AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

USDD Profile

USDD was first traded on May 4th, 2022. USDD’s total supply is 1,504,558,488 tokens and its circulating supply is 7,128,390 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 decentralized, over-collateralized stablecoin designed to maintain a 1:1 peg to the US dollar while emphasizing transparency, stability, and security. Launched on May 5, 2022 on the TRON blockchain, USDD now operates with decentralized minting rather than control by a single entity. It integrates with DeFi platforms through features like collateral auctions, efficient liquidations, a Peg Stability Module, real-time monitoring, and community-led governance. USDD is used for trading, payments, and earning yield as a stable, yield-bearing DeFi asset.”

Buying and Selling USDD

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

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