USDD (USDD) 1-Day Trading Volume Tops $2.97 Million

USDD (USDD) traded up 0.1% against the dollar during the 24 hour period ending at 7:00 AM ET on October 1st. One USDD token can currently be bought for approximately $1.00 or 0.00001564 BTC on exchanges. USDD has a market cap of $735.89 million and approximately $2.97 million worth of USDD was traded on exchanges in the last day. In the last seven days, USDD has traded 0.1% higher against the dollar.

Here’s how related cryptocurrencies have performed in the last day:

• 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 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.
• 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 up 16% against the dollar and now trades at $0.0560 or 0.00000088 BTC.
• P2P Solutions foundation (P2PS) traded up 1.2% against the dollar and now trades at $170.33 or 0.00266561 BTC.

About USDD

USDD’s launch date was May 4th, 2022. USDD’s total supply is 736,414,667 tokens and its circulating supply is 736,414,472 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.”

USDD Token Trading

It is usually not presently possible to purchase alternative cryptocurrencies such as USDD directly using U.S. dollars. Investors seeking to trade USDD should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as GDAX, Coinbase or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase USDD using one of the exchanges listed above.

USDD/USD price chart by TradingView