USDD Price Tops $1.00 on Exchanges (USDD)

USDD (USDD) traded 0.1% higher against the US dollar during the twenty-four hour period ending at 12:00 PM Eastern on August 3rd. USDD has a market capitalization of $738.00 million and approximately $5.59 million worth of USDD was traded on exchanges in the last day. One USDD token can now be purchased for about $1.00 or 0.00001642 BTC on popular cryptocurrency exchanges. In the last week, USDD has traded down 0.1% against the US dollar.

Here’s how similar cryptocurrencies have performed in 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.
• Kitty Inu (KITTY) traded up 1.9% against the dollar and now trades at $95.84 or 0.00338062 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.
• Lumi Credits (LUMI) traded 1.3% lower against the dollar and now trades at $0.0123 or 0.00000020 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.
• MVP Coin (MVP) traded 6% higher against the dollar and now trades at $0.0872 or 0.00000143 BTC.

About USDD

USDD launched on May 4th, 2022. USDD’s total supply is 738,571,544 tokens and its circulating supply is 738,424,173 tokens. USDD’s official website 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 currently possible to buy alternative cryptocurrencies such as USDD directly using U.S. dollars. Investors seeking to acquire USDD should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Gemini, GDAX or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to buy USDD using one of the exchanges listed above.

USDD/USD price chart by TradingView