USDD (USDD) Price Tops $1.00 on Major Exchanges

USDD (USDD) traded down 0.1% against the U.S. dollar during the one day period ending at 15:00 PM Eastern on July 4th. USDD has a total market capitalization of $732.66 million and $5.94 million worth of USDD was traded on exchanges in the last 24 hours. During the last seven days, USDD has traded 0% lower against the U.S. dollar. One USDD token can now be purchased for approximately $1.00 or 0.00001709 BTC on major cryptocurrency exchanges.

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

• KILT Protocol (KILT) traded 3.2% lower against the dollar and now trades at $0.19 or 0.00000323 BTC.
• 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 down 2.2% 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 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded 1.4% lower against the dollar and now trades at $0.0118 or 0.00000020 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 launched on May 4th, 2022. USDD’s total supply is 734,984,113 tokens. USDD’s official Twitter account is @usddio and its Facebook page is accessible here. USDD’s official website is usdd.io.

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 buy alternative cryptocurrencies such as USDD directly using US dollars. Investors seeking to acquire USDD should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Gemini, GDAX or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to buy USDD using one of the aforementioned exchanges.

USDD/USD price chart by TradingView