USDD Price Hits $1.00 (USDD)

USDD (USDD) traded up 0% against the US dollar during the 24-hour period ending at 22:00 PM ET on July 29th. USDD has a market capitalization of $740.72 million and $7.72 million worth of USDD was traded on exchanges in the last day. Over the last week, USDD has traded up 0.1% against the US dollar. One USDD token can currently be bought for $1.00 or 0.00001507 BTC on cryptocurrency exchanges.

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

• KILT Protocol (KILT) traded 2.2% lower against the dollar and now trades at $0.18 or 0.00000269 BTC.
• 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.
• Kitty Inu (KITTY) traded 1.9% higher 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 0.3% against the dollar and now trades at $0.0134 or 0.00000020 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

About USDD

USDD launched on May 4th, 2022. USDD’s total supply is 740,341,738 tokens and its circulating supply is 740,341,737 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 acquire USDD should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as GDAX, Changelly or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase USDD using one of the aforementioned exchanges.

USDD/USD price chart by TradingView