USDD Self Reported Market Capitalization Tops $735.73 Million (USDD)

USDD (USDD) traded up 0.1% against the dollar during the twenty-four hour period ending at 23:00 PM ET on July 12th. One USDD token can now be bought for $1.00 or 0.00001725 BTC on major exchanges. USDD has a total market capitalization of $735.73 million and $5.46 million worth of USDD was traded on exchanges in the last day. During the last seven days, USDD has traded up 0.2% against the dollar.

Here’s how other cryptocurrencies have performed during the last day:

• KILT Protocol (KILT) traded up 2.5% against the dollar and now trades at $0.19 or 0.00000325 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 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.
• 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 up 3.5% against the dollar and now trades at $0.0130 or 0.00000022 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

About USDD

USDD was first traded on May 4th, 2022. USDD’s total supply is 736,934,932 tokens and its circulating supply is 736,936,030 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 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 Changelly, GDAX or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase USDD using one of the aforementioned exchanges.

USDD/USD price chart by TradingView