USDD Self Reported Market Cap Achieves $22.01 Million (USDD)

USDD (USDD) traded 0.1% higher against the US dollar during the twenty-four hour period ending at 11:00 AM ET on March 2nd. During the last week, USDD has traded up 0.1% against the US dollar. One USDD token can currently be purchased for approximately $1.00 or 0.00001138 BTC on exchanges. USDD has a market cap of $22.01 million and $15.90 million worth of USDD was traded on exchanges in the last day.

Here is how related cryptocurrencies have performed during the last day:

• Taiko (TAIKO) traded 1.9% lower against the dollar and now trades at $0.95 or 0.00001086 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.
• 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.
• SolvBTC (SOLVBTC) traded 2.7% higher against the dollar and now trades at $86,827.86 or 0.98779425 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 1.4% higher against the dollar and now trades at $85,483.95 or 0.97250527 BTC.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.

About USDD

USDD was first traded on May 4th, 2022. USDD’s total supply is 202,371,783 tokens and its circulating supply is 21,993,467 tokens. USDD’s official Twitter account is @usddio and its Facebook page is accessible here. The official website for USDD 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 presently 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, Coinbase or Gemini. 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