Coins: 10053 Exchanges: 946 Market Cap: $1,225,562,243,650 1.25% 24h Vol: $48,208,812,807.548 Dominance: BTC 46.65%, ETH 18.33%
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USDD price

USDD Price (USDD)

$0.999238

0.21%
Rank #69

USDD Price Chart (USDD/USD)

Last updated 15 Jul 2024, 00:56AM UTC. Currency in USD.

Markets
# Exchange Pair Price Spread Volume(24h) Trust
1 Poloniex USDD / USDT $0.99598100 0.01% $10,230,954
2 Huobi Global FTT / USDD $0.66981060 0.23% $4,313,288
5 Huobi Global ADA / USDD $1.00 0.17% $1,226,162
6 Huobi Global USDD / USDT $0.99964700 0.01% $740,455
7 Huobi Global TRX / USDD $0.97694420 0.11% $710,748
8 Huobi Global SUN / USDD $0.94075852 0.29% $710,335
9 Huobi Global JST / USDD $1.04 0.17% $705,694
10 Huobi Global BTC / USDD $0.97282531 0.09% $692,719
11 Huobi Global ETH / USDD $0.96906704 0.11% $667,213
12 Huobi Global USDD / USDC $0.99823100 0.02% $660,165
13 Gate.io USDD / USDT $0.99916500 0.07% $588,528
14 Huobi Global NEAR / USDD $0.97560392 0.08% $588,225
15 Huobi Global APE / USDD $0.97863541 0.02% $522,679
16 Huobi Global EOS / USDD $0.98936900 0.08% $491,109
17 Huobi Global WIN / USDD $0.97153180 0.09% $480,536
18 Huobi Global APT / USDD $0.92084481 0.27% $459,288
19 Poloniex BTC / USDD $0.97229550 0.20% $360,384
20 Bibox USDD / USDT $0.99623400 0.23% $359,165
21 Huobi Global MATIC / USDD $0.98936900 0.55% $305,173
22 Huobi Global XRP / USDD $1.00 0.36% $289,541
23 Poloniex TUSD / USDD $1.00 0.27% $269,854
24 MEXC Global USDD / USDC $0.99956500 0.23% $210,193
25 CoinW USDD / USDT $0.99536400 1.99% $199,820
26 Huobi Global ETC / USDD $0.99977396 0.10% $186,354
27 Huobi Global HT / USDD $0.99994100 0.04% $182,007
28 Bitget USDD / USDC $0.99733900 0.03% $181,681
29 Huobi Global FIL / USDD $0.99174517 0.09% $140,374
30 MEXC Global USDD / USDT $0.99800300 0.17% $130,771
31 Huobi Global USDJ / USDD $1.10 0.05% $110,528
32 Huobi Global HFT / USDD $0.99851736 0.39% $105,817
33 Huobi Global DOGE / USDD $1.00 0.20% $100,982
34 Poloniex DOT / USDD $0.97654420 0.15% $72,524
35 BitMart USDD / USDC $0.98774400 1.00% $62,454
36 Poloniex LTC / USDD $0.99265333 0.62% $58,870
37 Bitrue USDD / USDT $0.99310000 0.40% $50,904
39 Huobi Global DOT / USDD $1.00 0.10% $47,312
40 Huobi Global SOL / USDD $1.00 0.18% $34,404
41 BTSE USDD / USD $0.99933000 0.58% $30,575
42 KuCoin USDD / USDC $0.99938600 0.03% $27,128
43 KuCoin USDD / TRX $0.99190700 3.74% $21,669
44 Poloniex TRX / USDD $0.97372099 0.96% $21,448
45 Poloniex XRP / USDD $0.93470667 1.19% $16,510
46 Poloniex USDD / USDC $0.99805200 0.01% $15,730
47 BitMart USDD / USDT $0.98942000 1.00% $15,179
48 XT.COM USDD / USDT $0.98152600 0.82% $9,577
49 Bybit (Spot) USDD / USDT $0.99928600 0.14% $9,254
50 Poloniex DOGE / USDD $1.11 0.13% $7,987

USDD Price Statistics

$1
24H Range
$1
  • USDD Price Now $1
  • 24h Low / 24h High $1 / $1
  • Trading Volume $4,707,345
  • Market Cap Rank #100
  • Market Cap $742,243,637
  • Volume / Market Cap 0.0063
  • All-Time High $1 -4.78%
    Oct 24, 2023
  • All-Time Low $1 7.92%
    Jun 19, 2022
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USDD Cryptocurrency - Simplified Explanation


Introduction

USDD cryptocurrency is a digital currency that promises stability and security to its users. It is designed to minimize volatility and provide an alternative to traditional fiat currencies. In this article, we will explore the basics of USDD cryptocurrency and its key features.

What is USDD?

USDD stands for United States Digital Dollar. It is a stablecoin that is pegged to the value of the US dollar. This means that for every USDD token in circulation, there is an equivalent reserve of US dollars held in a bank account.

How Does USDD Work?

USDD operates on blockchain technology, specifically the Ethereum blockchain. Every transaction made using USDD is recorded on the blockchain, ensuring transparency and immutability.To issue USDD tokens, a centralized entity holds a certain amount of US dollars and mints an equivalent number of tokens. These tokens can then be used for various purposes, such as online purchases or trading on cryptocurrency exchanges.

Key Features of USDD

  1. Stability: USDD maintains a stable value by being pegged to the US dollar. This reduces the risk of sudden price fluctuations commonly associated with other cryptocurrencies.
  2. Transparency: Since USDD transactions are recorded on the blockchain, anyone can view the details of each transaction, promoting transparency and accountability.
  3. Security: USDD utilizes blockchain technology, which provides a secure and tamper-proof system for storing and transferring funds.
  4. Accessibility: USDD can be easily traded on supported cryptocurrency exchanges, allowing users to buy, sell, or convert their tokens as needed.

Use Cases for USDD

USDD can be utilized in various ways:
  1. Remittances: USDD enables cost-effective and fast cross-border money transfers, as compared to traditional methods.
  2. Online Payments: Merchants and individuals can accept USDD as a form of payment for goods and services, providing a convenient and secure method of transaction.
  3. Hedging Against Volatility: Traders and investors can use USDD to mitigate risk by switching to a stable cryptocurrency during periods of market turbulence.

Conclusion

USDD cryptocurrency offers stability and security while incorporating the benefits of blockchain technology. As a stablecoin pegged to the US dollar, it minimizes the risk of price volatility that is commonly associated with other cryptocurrencies. With its transparent and secure nature, USDD has the potential to revolutionize digital transactions and make a significant impact on the global financial landscape.