USDD (USDD) Price Reaches $1.00 on Major Exchanges

USDD (USDD) traded 0% higher against the US dollar during the twenty-four hour period ending at 0:00 AM E.T. on October 5th. USDD has a total market cap of $735.58 million and approximately $1.99 million worth of USDD was traded on exchanges in the last 24 hours. One USDD token can currently be bought for $1.00 or 0.00001614 BTC on popular cryptocurrency exchanges. In the last seven days, USDD has traded up 0.1% against the US dollar.

Here is how related cryptocurrencies have performed in 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 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 5.2% lower against the dollar and now trades at $0.0397 or 0.00000064 BTC.
• P2P Solutions foundation (P2PS) traded up 0.7% against the dollar and now trades at $156.25 or 0.00252294 BTC.

USDD Token Profile

USDD’s genesis date was May 4th, 2022. USDD’s total supply is 736,035,250 tokens and its circulating supply is 736,035,019 tokens. USDD’s official website 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 presently possible to buy alternative cryptocurrencies such as USDD directly using US dollars. Investors seeking to acquire USDD should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, Gemini or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to buy USDD using one of the exchanges listed above.

USDD/USD price chart by TradingView