USDD (USDD) Self Reported Market Capitalization Tops $753.99 Million

USDD (USDD) traded up 0.1% against the U.S. dollar during the 24 hour period ending at 7:00 AM E.T. on October 29th. During the last seven days, USDD has traded 0.2% higher against the U.S. dollar. USDD has a total market cap of $753.99 million and $2.83 million worth of USDD was traded on exchanges in the last 24 hours. One USDD token can currently be purchased for approximately $1.00 or 0.00001400 BTC on major cryptocurrency exchanges.

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

• 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 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 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• SolvBTC (SOLVBTC) traded up 3.9% against the dollar and now trades at $71,189.31 or 0.99599981 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 3.9% higher against the dollar and now trades at $71,132.40 or 0.99520370 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 754,226,067 tokens and its circulating supply is 753,632,184 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.”

USDD Token Trading

It is usually not possible to purchase alternative cryptocurrencies such as USDD directly using US dollars. Investors seeking to acquire USDD should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Gemini, Coinbase or Changelly. 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