USDD Price Hits $1.00 on Major Exchanges (USDD)

USDD (USDD) traded 0.2% higher against the U.S. dollar during the 1 day period ending at 0:00 AM E.T. on October 10th. One USDD token can currently be purchased for $1.00 or 0.00001649 BTC on major exchanges. Over the last week, USDD has traded down 0% against the U.S. dollar. USDD has a market cap of $744.57 million and approximately $3.50 million worth of USDD was traded on exchanges in the last 24 hours.

Here is how related cryptocurrencies have performed over 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 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 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 down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.
• MVP Coin (MVP) traded 0.9% higher against the dollar and now trades at $0.0512 or 0.00000085 BTC.
• P2P Solutions foundation (P2PS) traded 0.5% higher against the dollar and now trades at $156.19 or 0.00257784 BTC.

USDD Profile

USDD was first traded on May 4th, 2022. USDD’s total supply is 745,370,738 tokens and its circulating supply is 745,370,225 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 currently possible to buy alternative cryptocurrencies such as USDD directly using US dollars. Investors seeking to trade USDD should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Gemini, GDAX 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