Real-time USDD price analysis
The current price of USDD in real time is $0.9990and its trading volume is equal to US$7,176,681 in the last 24 hours. The price in US dollars is fell on
0.07%
on the last day and decreased by
0.05%
in the last 7 days. It is important to note that USDD’s current market capitalization is US$737,782,627Speaking of working capital, USDD has 738 514 649 coins. Currently, USDD’s market rating is #102.
USDD price today
9.91%
below
always on top and that’s it
326.81%
higher
always at a low level.
All data and prices are updated in real time. The most active and popular exchanges for buying or selling USDD are Binance, Kucoin & Kraken. Find more cryptocurrency exchange options on our Cryptocurrency exchange tracker. The most secure hardware wallets to store your cryptocurrency: Ledger And Trezor.
What is the US dollar?
USDD coin is a cryptocurrency issued by the TRON DAO reserve that has a constant value and many uses.. Guarantee security with popular digital currencies helps protect USDD price stability and strengthen its status as an effective means of payment. Additionally, having a decentralized currency system with a constant value will expand the capabilities of cryptocurrency, making it more accessible to both blockchain technology and the real economy.
The USDD protocol is dedicated to meeting customer demands for a trusted digital currency by allowing USDD will be used for electronic payments. To achieve this, the USDD protocol is pegged to the US dollar, the most commonly used fiat currency in the world, to create a stable, decentralized and secure system. USD-USD structure. The purpose of the protocol is to reveal the essence of currencies and eliminate the differences between digital resources and their practical applications.
The TRON DAO reserve also included highly liquid digital assets such as BTC, USDT and TRX for additional collateral in the protocol. The total value of collateral assets always far exceeds the amount of US dollars in circulation, with the current required minimum set at 120%. Additionally, all collateral resources are stored on public blockchains and posted on the TRON DAO reserve website for full visibility.
TRON DAO Reserve seeks to maintain USDD price stability by responding to market conditions through a set of monetary strategies backed by its own assets. This approach mirrors that of other central banks around the world, which also use monetary policy to ensure price stability of their respective currencies.
USDD Usage Options
The USDD token is designed to give the blockchain industry secure, open, immutable and unfrozen system for stablecoins. It runs on multiple blockchains such as TRON, Ethereum and BSC thanks to cross-chain technology. BitTorrent chain. Like TRC20-USDT, it offers users speed and accessibility on the TRON network.
The USDD coin is also planned to be used as online payment form, which leads to lower transaction costs. As the world becomes more decentralized, USDD is expected to be included in more dApps due to its strong tokenomics. The USDD protocol has the potential to provide people with greater access to global financial services through the widespread use of blockchain technology.
Moreover, USDD holders can also stake their tokens on the platform to earn up to 30% per annum.
You can find the current price of USDD on the price chart provided above.
Who founded USDD?
USDD was founded Justin Sun in April 2022. Sun is a renowned business leader and entrepreneur who founded TRON in 2017. He is also the CEO of BitTorrent, a file-sharing program. In 2017, he was named to the Forbes 30 under 30 list in Asia and China after receiving a Master of Arts degree from the University of Pennsylvania four years earlier. Since then, Sun has become an influential figure in the cryptocurrency sector.
USDD tokenomics
On April 30, 2022, the TRON DAO reserve issued 999 billion TRC-10-based USDD tokens and moved 1 billion of them into the approved system. multi-signature contract as initial USDD reserves. The remaining 998 billion were placed in emission contract – a smart agreement based on the TRON decentralized network with a 10-day time block controlled by the 5/7 decentralized institution.
If the amount of USDD reserved in the authorized contract falls below 500 million, then a portion of the USDD tokens from the issuance agreement will be authorized through a 5/7 multisig by TRON DAO Reserve to replenish its reserves. This is part of measures to maintain USDD price stability.
What is the USDD trading volume in the last 24 hours?
USDD has trading volume US$7,176,681 in the last 24 hours.
What is the highest USDD price ever?
USDD has the highest price US$1.11which was achieved at March 29, 2023 (10 months 3 weeks ago).
What is the lowest price in US dollars ever?
USDD has the lowest price $0.2341which was achieved at December 11, 2022 (1 year 2 months ago).
Which exchanges are best for buying and selling USDD?
Currently the most active and dominant exchanges for buying and selling USDD are Binance, Kraken & Kucoin. The most popular USDD trading pairs USD/USDT
(on
Huobi Global
),
USD/USD
(on
Huobi Global
),
SUN/USD
(on
Huobi Global
). Go to Catalog of crypto trades to access customized and exclusive discounts, vouchers and welcome bonuses from the most popular exchanges.
What are the safest hardware wallets for storing USDD?
According to the process of in-depth analysis and testing, Ledger And Trezor are one of the most secure and popular hardware wallet options for storage USDD. For exclusive discounts and promotions on the best crypto wallets, visit Catalog of crypto trades.
USDD related pages
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A cryptocurrency exchange is an online platform where you can buy, sell, or trade cryptocurrencies like Bitcoin, Ethereum, and others.
Safety varies by exchange. Look for platforms with strong security measures, like two-factor authentication and cold storage for funds.
Consider factors like security, fees, available coins, user interface, and customer support.
Centralized exchanges are managed by a company, while decentralized exchanges operate without a central authority.
Many exchanges require Know Your Customer (KYC) verification for security and regulatory compliance.
Trading fees vary but typically include maker fees (for adding liquidity) and taker fees (for removing liquidity).
Yes, most exchanges offer cryptocurrency-to-cryptocurrency trading pairs.
Withdrawal times depend on the exchange and the cryptocurrency. Some are instant, while others may take hours or even days.
A wallet address is like a bank account number for cryptocurrencies. It’s required to send your crypto to the right place.
Yes, depending on your country’s tax laws, trading cryptocurrencies may have tax consequences. Consult a tax professional for guidance.
Yes, many cryptocurrency exchanges operate 24/7, allowing you to trade at any time.
A market order buys or sells at the current market price, while a limit order sets a specific price at which you want to buy or sell.
Yes, each exchange sets its own minimum and maximum trading limits, which can vary widely.
It’s not recommended. For security, it’s better to use a cryptocurrency wallet, especially for significant holdings.
Exchanges typically have account recovery processes, including password reset options and support for forgotten usernames.
Some exchanges offer insurance, but coverage can be limited. It’s essential to check an exchange’s insurance policy.
Use strong passwords, enable two-factor authentication, and be cautious of phishing scams and suspicious emails.
Yes, but it’s recommended to learn the basics of trading and understand the risks involved before you start.
Stablecoins are cryptocurrencies pegged to the value of a fiat currency like the US dollar. They provide stability and are commonly used for trading and transferring funds on exchanges.
Yes, regulations vary by country. Many countries have implemented or are considering regulations to govern cryptocurrency exchanges for consumer protection and financial stability.
