USDD Hits Market Cap of $723.45 Million (USDD)

USDD (USDD) traded down 0% against the U.S. dollar during the one day period ending at 8:00 AM ET on November 20th. Over the last seven days, USDD has traded up 0.2% against the U.S. dollar. One USDD token can now be purchased for approximately $1.00 or 0.00002684 BTC on major cryptocurrency exchanges. USDD has a market capitalization of $723.45 million and approximately $29.67 million worth of USDD was traded on exchanges in the last day.

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

• KILT Protocol (KILT) traded down 1.1% against the dollar and now trades at $0.38 or 0.00001011 BTC.
• 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 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.
• OmniaVerse (OMNIA) traded 10.2% lower against the dollar and now trades at $0.0008 or 0.00000002 BTC.
• Kitty Inu (KITTY) traded 1.9% higher against the dollar and now trades at $95.84 or 0.00338062 BTC.
• Hokkaidu Inu (HOKK) traded up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Lego Coin (LEGO) traded 0% lower against the dollar and now trades at $0.0049 or 0.00000013 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 1.3% higher against the dollar and now trades at $0.0086 or 0.00000023 BTC.

About USDD

USDD launched on May 4th, 2022. USDD’s total supply is 725,332,026 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.”

USDD Token Trading

It is usually not currently possible to purchase alternative cryptocurrencies such as USDD directly using US dollars. Investors seeking to acquire USDD should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, Gemini or Coinbase. 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