sUSD (SUSD) Market Capitalization Achieves $12.96 Million

sUSD (SUSD) traded 1.1% lower against the dollar during the one day period ending at 12:00 PM ET on December 20th. sUSD has a total market capitalization of $12.96 million and approximately $862,880.91 worth of sUSD was traded on exchanges in the last day. During the last week, sUSD has traded down 0.6% against the dollar. One sUSD token can currently be purchased for approximately $0.98 or 0.00001011 BTC on popular cryptocurrency exchanges.

Here is how similar cryptocurrencies have performed during the last day:

• 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.
• SolvBTC (SOLVBTC) traded 3.2% lower against the dollar and now trades at $96,556.27 or 0.99431707 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 4.5% lower against the dollar and now trades at $96,175.84 or 0.99039951 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.

sUSD Token Profile

sUSD launched on June 11th, 2018. sUSD’s total supply is 13,192,743 tokens. The official website for sUSD is www.synthetix.io. The Reddit community for sUSD is https://reddit.com/r/synthetix_io and the currency’s Github account can be viewed here. sUSD’s official Twitter account is @synthetix_io and its Facebook page is accessible here. The official message board for sUSD is blog.synthetix.io.

According to CryptoCompare, “sUSD is a stablecoin built on the Ethereum blockchain that enables fast interexchange settlement, stable trading against ERC-20 assets, and a safe place to park value without needing to settle into fiat. The Havven network, which sUSD is a part of, is an open source protocol that allows for integration with various exchanges and decentralized platforms. It employs two ERC20 compatible tokens.”

Buying and Selling sUSD

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

SUSD/USD price chart by TradingView