USDD Self Reported Market Capitalization Achieves $737.38 Million (USDD)

USDD (USDD) traded 0% higher against the dollar during the twenty-four hour period ending at 11:00 AM E.T. on February 22nd. One USDD token can now be bought for $1.00 or 0.00001034 BTC on major exchanges. USDD has a market capitalization of $737.38 million and approximately $11.86 million worth of USDD was traded on exchanges in the last 24 hours. Over the last week, USDD has traded 0% lower against the dollar.

Here is how related cryptocurrencies have performed over the last 24 hours:

• Taiko (TAIKO) traded down 0.2% against the dollar and now trades at $1.05 or 0.00001084 BTC.
• 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 down 2.2% against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Hokkaidu Inu (HOKK) traded up 1.2% 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.
• SolvBTC (SOLVBTC) traded 1.5% lower against the dollar and now trades at $96,526.02 or 0.99800547 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 2% lower against the dollar and now trades at $96,009.81 or 0.99266832 BTC.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.

USDD Token Profile

USDD launched on May 4th, 2022. USDD’s total supply is 183,495,352 tokens and its circulating supply is 737,264,239 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 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 GDAX, Coinbase or Changelly. 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