USDD (USDD) Self Reported Market Cap Reaches $751.07 Million

USDD (USDD) traded 0.1% higher against the dollar during the 24-hour period ending at 18:00 PM E.T. on October 17th. USDD has a market capitalization of $751.07 million and approximately $1.98 million worth of USDD was traded on exchanges in the last 24 hours. One USDD token can currently be purchased for $1.00 or 0.00001493 BTC on major exchanges. In the last week, USDD has traded up 0.2% against the dollar.

Here’s how related cryptocurrencies have performed in the last 24 hours:

• 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.
• 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 up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.
• MVP Coin (MVP) traded down 0% against the dollar and now trades at $0.0494 or 0.00000073 BTC.
• P2P Solutions foundation (P2PS) traded down 0.6% against the dollar and now trades at $168.52 or 0.00251465 BTC.

USDD Token Profile

USDD’s launch date was May 4th, 2022. USDD’s total supply is 749,909,358 tokens and its circulating supply is 750,646,261 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.”

USDD Token Trading

It is usually not currently possible to buy alternative cryptocurrencies such as USDD directly using U.S. dollars. Investors seeking to acquire USDD should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as GDAX, Coinbase or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to buy USDD using one of the aforementioned exchanges.

USDD/USD price chart by TradingView