USDD (USDD) Self Reported Market Cap Hits $7.10 Million

USDD (USDD) traded up 0.2% against the dollar during the one day period ending at 10:00 AM E.T. on August 4th. USDD has a total market cap of $7.10 million and $5.36 million worth of USDD was traded on exchanges in the last 24 hours. Over the last week, USDD has traded up 0.2% against the dollar. One USDD token can currently be bought for $1.00 or 0.00001568 BTC on cryptocurrency exchanges.

Here’s how other cryptocurrencies have performed over 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 up 0% against the dollar and now trades at $1.00 or 0.00001566 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 up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• SolvBTC (SOLVBTC) traded up 1.3% against the dollar and now trades at $63,656.00 or 0.99745789 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

USDD Token Profile

USDD was first traded on May 4th, 2022. USDD’s total supply is 1,585,294,547 tokens and its circulating supply is 7,093,808 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 presently possible to buy alternative cryptocurrencies such as USDD directly using U.S. dollars. Investors seeking to acquire USDD should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Gemini, Coinbase or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to buy USDD using one of the aforementioned exchanges.

USDD/USD price chart by TradingView