USDD (USDD) Self Reported Market Cap Reaches $737.57 Million

USDD (USDD) traded 0.2% higher against the US dollar during the 1 day period ending at 22:00 PM ET on September 21st. One USDD token can currently be bought for $1.00 or 0.00001589 BTC on popular exchanges. In the last week, USDD has traded up 0.2% against the US dollar. USDD has a market capitalization of $737.57 million and $2.83 million worth of USDD was traded on exchanges in the last day.

Here is 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 down 2.2% 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 down 2.2% 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.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.
• MVP Coin (MVP) traded 11.3% higher against the dollar and now trades at $0.0426 or 0.00000067 BTC.
• P2P Solutions foundation (P2PS) traded 2.2% higher against the dollar and now trades at $167.86 or 0.00266529 BTC.

USDD Profile

USDD’s launch date was May 4th, 2022. USDD’s total supply is 737,214,864 tokens and its circulating supply is 737,214,869 tokens. USDD’s official Twitter account is @usddio and its Facebook page is accessible here. The official website for USDD 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.”

Buying and Selling USDD

It is usually not 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 Gemini, Changelly or Coinbase. 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