Price
$0.99740
24h% change
-0.1%
Volume (24h)
$2.084M
Market Cap
$758.969M
USDD stands as a stablecoin released by the TRON DAO Reserve, maintaining a peg to the value of the US dollar. Its primary goal is to offer a dependable and decentralized cryptocurrency solution for blockchain transactions. USDD finds utility in various applications, serving as a means for payments, trading, staking, and a store of value.
The stability of USDD is ensured through its backing by several cryptocurrencies, such as Bitcoin, Ethereum, and TRON. To enhance stability and security, the reserve employs an over-collateralization strategy, holding a greater value of assets than the total amount of USDD currently in circulation.
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USDD’s historic highest price is $1.05, which was recorded on 23rd of October 2023. Currently, USDD’s price is %5.1 Lower than its historic high.
USDD’s historic lowest price is $0.92807, which was recorded on 19th of June 2022. Currently, USDD’s price is %7.5 Higher than its historic low.
Let's take a look at the important factors that impact USDD's worth, such as how many people want to buy or sell it and how available it is. Other influences include what's being said about it on the news and internet, changes in the global economy and politics, and rules Governments set for using it.