USDD Self Reported Market Cap Hits $25.00 Million (USDD)

USDD (USDD) traded up 0.1% against the U.S. dollar during the 24-hour period ending at 13:00 PM E.T. on March 10th. USDD has a market cap of $25.00 million and approximately $5.84 million worth of USDD was traded on exchanges in the last 24 hours. One USDD token can currently be bought for $1.00 or 0.00001268 BTC on exchanges. Over the last seven days, USDD has traded up 0% against the U.S. dollar.

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

• Taiko (TAIKO) traded down 1.4% against the dollar and now trades at $0.73 or 0.00000928 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 2.2% lower 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 down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 3.4% lower against the dollar and now trades at $79,336.52 or 1.00658059 BTC.
• SolvBTC (SOLVBTC) traded down 4% against the dollar and now trades at $79,319.79 or 1.00636837 BTC.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.

USDD Profile

USDD’s genesis date was May 4th, 2022. USDD’s total supply is 224,244,935 tokens and its circulating supply is 25,006,788 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 Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, GDAX or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase USDD using one of the exchanges listed above.

USDD/USD price chart by TradingView