sUSD (SUSD) Reaches Market Cap of $32.86 Million

sUSD (SUSD) traded down 0.3% against the US dollar during the 1 day period ending at 21:00 PM Eastern on June 18th. sUSD has a total market cap of $32.86 million and $1.03 million worth of sUSD was traded on exchanges in the last day. One sUSD token can now be bought for about $1.00 or 0.00001522 BTC on popular exchanges. During the last week, sUSD has traded up 0.3% against the US dollar.

Here is how related cryptocurrencies have performed during the last day:

• KILT Protocol (KILT) traded 3% higher against the dollar and now trades at $0.22 or 0.00000335 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.
• 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.
• 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 down 1.1% against the dollar and now trades at $0.0103 or 0.00000016 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

sUSD Token Profile

sUSD launched on June 11th, 2018. sUSD’s total supply is 32,992,961 tokens. sUSD’s official website is www.synthetix.io. The Reddit community for sUSD is https://reddit.com/r/synthetix_io and the currency’s Github account can be viewed here. The official message board for sUSD is blog.synthetix.io. sUSD’s official Twitter account is @synthetix_io and its Facebook page is accessible here.

According to CryptoCompare, “sUSD is a stablecoin built on the Ethereum blockchain that enables fast interexchange settlement, stable trading against ERC-20 assets, and a safe place to park value without needing to settle into fiat. The Havven network, which sUSD is a part of, is an open source protocol that allows for integration with various exchanges and decentralized platforms. It employs two ERC20 compatible tokens.”

Buying and Selling sUSD

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

SUSD/USD price chart by TradingView