USDD Achieves Self Reported Market Cap of $757.24 Million (USDD)

USDD (USDD) traded up 0.2% against the U.S. dollar during the 24-hour period ending at 11:00 AM E.T. on November 10th. One USDD token can now be purchased for $1.00 or 0.00001255 BTC on popular cryptocurrency exchanges. USDD has a market cap of $757.24 million and approximately $7.70 million worth of USDD was traded on exchanges in the last day. In the last seven days, USDD has traded up 0.3% against the U.S. dollar.

Here’s how related cryptocurrencies have performed in the last day:

• 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 down 2.2% 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 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• SolvBTC (SOLVBTC) traded up 4.4% against the dollar and now trades at $79,503.62 or 0.99610272 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded up 4.3% against the dollar and now trades at $79,412.53 or 0.99496154 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 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

About USDD

USDD was first traded on May 4th, 2022. USDD’s total supply is 756,861,389 tokens and its circulating supply is 755,784,531 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 acquire USDD should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Gemini, Changelly or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to buy USDD using one of the exchanges listed above.

USDD/USD price chart by TradingView