USDD (USDD) Trading Down 0.3% This Week

USDD (USDD) traded down 0.1% against the US dollar during the 24-hour period ending at 17:00 PM ET on October 31st. One USDD token can currently be purchased for $1.00 or 0.00001423 BTC on exchanges. USDD has a total market cap of $752.80 million and approximately $707,040.52 worth of USDD was traded on exchanges in the last 24 hours. In the last week, USDD has traded 0.3% lower against the US dollar.

Here is how other cryptocurrencies have performed in the last 24 hours:

• 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 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 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 2.4% lower against the dollar and now trades at $70,309.54 or 1.00297302 BTC.
• SolvBTC (SOLVBTC) traded down 2.6% against the dollar and now trades at $70,188.89 or 1.00125194 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

USDD Token Profile

USDD launched on May 4th, 2022. USDD’s total supply is 754,818,469 tokens and its circulating supply is 754,817,957 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 trade USDD should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Gemini, Coinbase or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase USDD using one of the exchanges listed above.

USDD/USD price chart by TradingView