USDD Price Tops $1.00 on Exchanges (USDD)

USDD (USDD) traded 0% higher against the dollar during the twenty-four hour period ending at 13:00 PM ET on May 8th. One USDD token can currently be purchased for approximately $1.00 or 0.00001600 BTC on exchanges. USDD has a market capitalization of $731.29 million and $5.71 million worth of USDD was traded on exchanges in the last day. Over the last seven days, USDD has traded 0.4% higher against the dollar.

Here’s how similar cryptocurrencies have performed over the last day:

• KILT Protocol (KILT) traded up 0.5% against the dollar and now trades at $0.30 or 0.00000482 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 up 1.9% against the dollar and now trades at $95.84 or 0.00338062 BTC.
• Hokkaidu Inu (HOKK) traded up 1.2% 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 2.5% higher against the dollar and now trades at $0.0103 or 0.00000016 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

USDD Profile

USDD’s launch date was May 4th, 2022. USDD’s total supply is 734,393,271 tokens and its circulating supply is 734,394,920 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.”

USDD Token Trading

It is usually not currently possible to buy alternative cryptocurrencies such as USDD directly using U.S. dollars. Investors seeking to trade USDD should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Changelly, Coinbase or GDAX. 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