USDD (USDD) Price Reaches $1.00 on Major Exchanges

USDD (USDD) traded 0.1% higher against the US dollar during the 24-hour period ending at 10:00 AM ET on September 1st. One USDD token can currently be bought for approximately $1.00 or 0.00001281 BTC on cryptocurrency exchanges. During the last seven days, USDD has traded up 0% against the US dollar. USDD has a total market capitalization of $7.11 million and $1.93 million worth of USDD was traded on exchanges in the last 24 hours.

Here’s how related cryptocurrencies have performed during 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 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• UZDT (UZDT) traded down 0% against the dollar and now trades at $1.00 or 0.00001282 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 down 0.6% against the dollar and now trades at $77,814.47 or 0.99758610 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 launched on May 4th, 2022. USDD’s total supply is 1,482,979,172 tokens and its circulating supply is 7,110,779 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 decentralized, over-collateralized stablecoin designed to maintain a 1:1 peg to the US dollar while emphasizing transparency, stability, and security. Launched on May 5, 2022 on the TRON blockchain, USDD now operates with decentralized minting rather than control by a single entity. It integrates with DeFi platforms through features like collateral auctions, efficient liquidations, a Peg Stability Module, real-time monitoring, and community-led governance. USDD is used for trading, payments, and earning yield as a stable, yield-bearing DeFi asset.”

Buying and Selling USDD

It is usually not possible to buy alternative cryptocurrencies such as USDD directly using US dollars. Investors seeking to trade USDD should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as GDAX, 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