USDD Price Hits $1.00 on Top Exchanges (USDD)

USDD (USDD) traded down 0.2% against the US dollar during the twenty-four hour period ending at 11:00 AM E.T. on December 8th. USDD has a total market capitalization of $740.61 million and $4.05 million worth of USDD was traded on exchanges in the last day. One USDD token can currently be purchased for approximately $1.00 or 0.00000998 BTC on major cryptocurrency exchanges. In the last seven days, USDD has traded up 0% against the US dollar.

Here’s how other cryptocurrencies have performed in 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 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 (SOLVBTC) traded up 0.2% against the dollar and now trades at $99,687.12 or 0.99680704 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded up 0.4% against the dollar and now trades at $99,507.54 or 0.99501136 BTC.
• Lumi Credits (LUMI) traded 8.9% higher 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 742,656,941 tokens and its circulating supply is 742,199,962 tokens. USDD’s official Twitter account is @usddio and its Facebook page is accessible here. USDD’s official website 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 currently possible to purchase alternative cryptocurrencies such as USDD directly using US dollars. Investors seeking to trade USDD should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Gemini, Changelly or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase USDD using one of the aforementioned exchanges.

USDD/USD price chart by TradingView