USDD (USDD) 24 Hour Volume Reaches $2.84 Million

USDD (USDD) traded up 0% against the US dollar during the 24 hour period ending at 13:00 PM ET on January 17th. One USDD token can currently be purchased for approximately $1.00 or 0.00000957 BTC on popular exchanges. USDD has a market cap of $749.39 million and approximately $2.84 million worth of USDD was traded on exchanges in the last 24 hours. Over the last week, USDD has traded up 0.3% against the US dollar.

Here is how similar cryptocurrencies have performed over 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 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 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• SolvBTC (SOLVBTC) traded 4.5% higher against the dollar and now trades at $104,189.49 or 0.99790105 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded up 4.7% against the dollar and now trades at $103,466.04 or 0.99097199 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 Token Profile

USDD was first traded on May 4th, 2022. USDD’s total supply is 750,270,109 tokens and its circulating supply is 750,175,401 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.”

Buying and Selling USDD

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

USDD/USD price chart by TradingView