USDD (USDD) Trading 0.8% Higher Over Last Week

USDD (USDD) traded up 2.1% against the US dollar during the 1-day period ending at 7:00 AM Eastern on May 1st. During the last seven days, USDD has traded 0.8% higher against the US dollar. USDD has a market cap of $730.33 million and approximately $10.38 million worth of USDD was traded on exchanges in the last day. One USDD token can now be bought for $0.99 or 0.00001726 BTC on popular cryptocurrency exchanges.

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

• KILT Protocol (KILT) traded 3.3% lower against the dollar and now trades at $0.28 or 0.00000491 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 2.2% lower 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.
• Kitty Inu (KITTY) traded 1.9% higher against the dollar and now trades at $95.84 or 0.00338062 BTC.
• BitcoinBR (BTCBR) traded 403.6% higher against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Hokkaidu Inu (HOKK) traded 1.2% higher against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Lego Coin (LEGO) traded flat against the dollar and now trades at $0.0086 or 0.00000013 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 down 0.6% against the dollar and now trades at $0.0096 or 0.00000017 BTC.

USDD Token Profile

USDD’s genesis date was May 4th, 2022. USDD’s total supply is 735,930,222 tokens and its circulating supply is 735,930,221 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.”

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 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