USDD (USDD) Hits 24 Hour Volume of $1.98 Million

USDD (USDD) traded 0.1% higher against the US dollar during the 1 day period ending at 16:00 PM ET on October 16th. One USDD token can now be bought for $1.00 or 0.00001473 BTC on exchanges. USDD has a total market cap of $750.03 million and $1.98 million worth of USDD was traded on exchanges in the last 24 hours. In the last seven days, USDD has traded 0.2% higher against the US dollar.

Here’s how similar 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 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 up 8.2% against the dollar and now trades at $0.0494 or 0.00000073 BTC.
• P2P Solutions foundation (P2PS) traded 1.8% higher against the dollar and now trades at $169.91 or 0.00250356 BTC.

USDD Token Profile

USDD launched on May 4th, 2022. USDD’s total supply is 750,203,785 tokens and its circulating supply is 750,203,782 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.”

Buying and Selling USDD

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

USDD/USD price chart by TradingView