USDD (USDD) Price Today
The live price of USDD is $0.99 USD.
In the past 24 hours, the trading volume of USDD was $12.1M USD, with a change of +0.00572685%. The current live price of USDD has changed by -0.18% from its 7-day high of $1.00 USD and by +0.17% from its 7-day low of $0.99 USD.
With a circulating supply of $334,899,688.00 USDD, the market cap of USDD is currently $334.8M USD, marking a +2.07% change in the last 24 hours.
USDD currently ranks 146 by market capitalization.
USDD (USDD) Market Data
Market Cap
$334.8M
24h Volume
$12.1M
Circulating Supply
334.8M USDD
Maximum Supply
--
Fully Diluted Market Cap
$334.8M
Liquidity Indicator
3.62%
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FAQ
About USDD (USDD)
What is USDD?
USDD is an algorithmic stablecoin launched in 2022 by Justin Sun, founder of the Tron DAO. It runs on Ethereum, Tron, and BNB Chain and stays pegged to the US dollar at a fixed 1:1 ratio. USDD is overcollateralized and backed by a diverse pool of digital assets such as TRX, BTC, and USDC, which secures its stability and value. It is designed to maintain a steady exchange rate, making it a reliable store of value for decentralized finance and other applications. USDD is governed by a decentralized community that ensures complete transparency and inclusivity while empowering users to shape its future. It acts as a reliable digital dollar that operates free from centralized control.
What are the features of USDD?
USDD stands out with a decentralized architecture, over-collateralization, and a Peg Stability Module that make it versatile and reliable. USDD is an algorithmic stablecoin that operates on TRON, BNB Chain, and Ethereum. It is pegged 1:1 with the US dollar, the world’s most widely used fiat currency, ensuring that its price remains stable and counters cryptocurrency volatility.
Maintaining its steady peg demands robust collateral. TRON DAO Reserve leverages TRX as the base currency while supplementing it with high-liquidity assets like Bitcoin and Tether. This setup guarantees that the collateral value always exceeds the circulating supply of USDD, currently boasting an over-collateralization ratio of over 200%. Moreover, USDD employs dynamic monetary policy mechanisms that adjust this ratio as reserve asset values fluctuate, ensuring persistent stability in all market conditions.
How is USDD different from USDDOLD?
USDD makes significant improvements over USDDOLD by using enhanced stability mechanisms and a fully decentralized governance structure. It offers greater transparency and allows seamless 1:1 conversion from USDDOLD on the TRON network. This upgrade ensures a smooth, user-friendly transition and reinforces investor trust while boosting the protocol's resilience.
Who created USDD?
USDD was created by the team behind the TRON ecosystem, Justin Sun, led by the TRON Foundation and shaped through decentralized community governance from 2022.
Why Trade USDD on BingX?
USDD’s popularity on BingX stems from its utility in offering fee discounts and its strong association with the iFinex ecosystem. Traders use USDD to lower trading and lending fees while enjoying reduced costs on crypto and fiat transactions. BingX offers low fees, rapid order execution, deep liquidity, and real-time analytics that empower traders to make swift, informed decisions using USDD as a base asset.
Steps to start trading USDD on BingX:
1. Create your BingX account by visiting the website or downloading the app. Register with your email and a secure password.
2. Complete your security settings by verifying your email and phone, enabling two-factor authentication, and completing KYC if required.
3. Deposit funds using on-chain methods to save on fees. Choose the USDD deposit option for cost-effective transactions.
4. Buy USDD by selecting your preferred trading method—either for spot trading or in the futures markets—using USDD as your base asset for efficient market entry and exit.
1. Create your BingX account by visiting the website or downloading the app. Register with your email and a secure password.
2. Complete your security settings by verifying your email and phone, enabling two-factor authentication, and completing KYC if required.
3. Deposit funds using on-chain methods to save on fees. Choose the USDD deposit option for cost-effective transactions.
4. Buy USDD by selecting your preferred trading method—either for spot trading or in the futures markets—using USDD as your base asset for efficient market entry and exit.
With BingX, you benefit from:
• Competitive Trading Environment: Enjoy low fees, rapid execution in milliseconds, and minimal slippage.
• Diverse Trading Options: Access a wide range of trading pairs with USDD, whether trading spot or engaging in derivatives.
• Innovative Trading Tools: Utilize features like futures and spot copy trading to mirror successful strategies without advanced expertise.
• Competitive Trading Environment: Enjoy low fees, rapid execution in milliseconds, and minimal slippage.
• Diverse Trading Options: Access a wide range of trading pairs with USDD, whether trading spot or engaging in derivatives.
• Innovative Trading Tools: Utilize features like futures and spot copy trading to mirror successful strategies without advanced expertise.
How to Securely Store USDD with BingX?
Securing your USDD tokens calls for robust, dependable storage options. Hardware wallets such as Ledger or Trezor provide strong security by keeping your private keys offline. Alternatively, trusted software wallets or custodial solutions from BingX offer protective features like multi-factor authentication (MFA). Traders must update their wallets regularly, back up their private keys securely, and avoid unreliable services. Your security is BingX’s top priority; we use stringent measures to ensure your funds stay safe. Whether you are a long-term holder or a short-term trader, protecting your USDD tokens is crucial. With straightforward compatibility with BingX, managing your assets is simple. For most users, storing USDD on BingX offers clear benefits:
• No Private Key Management: BingX handles custody, so you do not need to manage your private keys or seed phrases, reducing the risk of loss or theft.
• Simplified Wallet Management: Keep all your USDD tokens in one secure location on BingX without juggling multiple wallets.
• Low Fee & Flexible Trading: Enjoy instant trades with low fees and deep liquidity, along with access to derivatives and investment tools without delays.
• Strong Security Infrastructure: BingX uses a comprehensive 100% Proof of Reserve system, cold-hot wallet separation, and regular audits to ensure your assets are fully backed and secure.
• Simplified Wallet Management: Keep all your USDD tokens in one secure location on BingX without juggling multiple wallets.
• Low Fee & Flexible Trading: Enjoy instant trades with low fees and deep liquidity, along with access to derivatives and investment tools without delays.
• Strong Security Infrastructure: BingX uses a comprehensive 100% Proof of Reserve system, cold-hot wallet separation, and regular audits to ensure your assets are fully backed and secure.
If you prefer full control over your digital assets, use a self-custodial wallet. However, be sure to back up your private keys and seed phrases securely and verify that your wallet supports USDD tokens to avoid irreversible loss.
Securing your USDD calls for robust, dependable storage options. BingX provides two primary storage options tailored to your security needs.
1. On BingX: Store your USDD directly on the BingX platform. BingX handles custody, so you never have to manage private keys or seed phrases. This method streamlines wallet management and guarantees you benefit from deep liquidity and low fees. BingX employs a 100% Proof of Reserve system, cold-hot wallet separation, and regular security audits to ensure your USDD is fully backed and secure.
2. Self-Custody: For full control, choose a non-custodial wallet. Hardware wallets like Ledger or Trezor store your private keys offline for maximum security. Trusted software wallets designed for USDD offer strong protection as well. This method requires diligent management of your private keys and seed phrases, which must be securely backed up and stored offline.
2. Self-Custody: For full control, choose a non-custodial wallet. Hardware wallets like Ledger or Trezor store your private keys offline for maximum security. Trusted software wallets designed for USDD offer strong protection as well. This method requires diligent management of your private keys and seed phrases, which must be securely backed up and stored offline.
Is USDD fully decentralized?
Yes, USDD is completely decentralized. Its governance rests solely in the hands of a broad community of stakeholders who actively participate in all critical decision-making processes. This framework eliminates any single point of control and fosters transparency. It ensures that the protocol evolves in line with core blockchain principles.
Is USDD backed by collateral?
USDD is fully collateralized with high-quality crypto assets such as TRX and USDT. The collateral is managed transparently through smart contracts that guarantee USDD maintains its 1:1 peg to the US dollar even during volatile market conditions. This robust backing forms a solid safety net that upholds both stability and reliability.
Why upgrade USDD?
The upgrade to USDD enhances its security, decentralization, and stability. It introduces secure liquidation processes that swiftly address under-collateralized positions and employs dynamic collateral ratio adjustments coupled with advanced risk management tools. These improvements empower the community to drive protocol development and fortify USDD’s peg in a dynamic market environment.
How can I earn rewards with USDD?
You earn rewards by depositing USDD into Earn programs on platforms such as JustLend and other participating DeFi services. This mechanism generates yield on your holdings while keeping your funds accessible. It turns your stablecoin into a productive asset and allows you to grow your holdings in a secure, efficient manner.
What are the core features of USDD?
USDD stands out for its decentralized stability and trustless design. It maintains its 1:1 peg to the US dollar through over-collateralization with quality digital assets and fully auditable blockchain transactions. Enhanced security measures and seamless DeFi integration further elevate its reliability. Its design empowers users with transparency and robust protection making it an integral asset for digital finance.
What is the total supply of USDD and its market cap?
USDD has a maximum supply of 310.50M tokens and its market cap is approximately CA$11.75B. These transparent metrics support deep liquidity and enable confident trading. They ensure that USDD is a critical asset in the stablecoin market that users can trust.
How does USDD maintain security?
USDD secures its network through a multi-layered approach. It uses over-collateralization and real-time monitoring of collateral ratios. Rigorous smart contract audits by independent third parties keep the system free from vulnerabilities. Automatic liquidation mechanisms swiftly handle under-collateralized positions while a Peg Stability Module enables zero-slippage swaps during market swings. Decentralized governance further protects the system by subjecting every change to community review and approval.
What is a USDD payment?
A USDD payment transfers the stablecoin quickly and cost-effectively across its decentralized blockchain. Transactions settle almost instantly at very low fees and every transaction is recorded immutably on the blockchain ensuring full transparency and traceability. This efficient process makes USDD ideal for global transfers, everyday payments, and seamless integration into decentralized finance applications.
Why buy USDD on BingX?
Buying USDD on BingX gives you a secure and efficient trading environment with competitive fees and rapid order execution. The platform offers deep liquidity and real-time analytics that empower swift, informed market decisions. BingX provides a trusted venue for acquiring USDD, offering a seamless and transparent experience that integrates effortlessly with decentralized finance applications. This supports a stable and modern digital economy.
How is USDD used?
USDD shields traders from market swings and lets them move swiftly between assets. It powers DeFi lending and borrowing and supports yield farming and liquidity. It enables fast global transfers, so funds move without hassle. It acts as a dependable store of value and is accepted for everyday payments on various platforms. It even lets users mine USDD on designated platforms, so they earn returns through cooperative mining programs backed by the TRON DAO Reserve.
Information source
USDD (USDD) Price Converter
USDD to USD
1 USDD = $ 0.99
USDD to VND
1 USDD = ₫ 26,002.22
USDD to EUR
1 USDD = € 0.88
USDD to TWD
1 USDD = NT$ 30.44
USDD to IDR
1 USDD = Rp 16,464.74
USDD to PLN
1 USDD = zł 3.76
USDD to UZS
1 USDD = so'm 12,969.43
USDD to JPY
1 USDD = ¥ 144.72
USDD to RUB
1 USDD = ₽ 82.49
USDD to TRY
1 USDD = ₺ 38.54
USDD to THB
1 USDD = ฿ 33.04
USDD to UAH
1 USDD = ₴ 41.60
USDD to SAR
1 USDD = ر.س 3.74
How to Buy USDD (USDD)
Create & Verify Your Account
Create a free BingX account using your email or phone number, set a strong password, and complete identity verification (KYC) by submitting your personal details and a valid photo ID.
Fund Your Account
Choose a payment method—bank account, card, or more—to deposit funds into your BingX account.
Trade Now
Now that your account is funded, you can seamlessly trade USDD USDD and other cryptocurrencies while exploring BingX’s diverse trading features!
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Disclaimer:
Price analysis and valuation are influenced by multiple factors, and theoretical projections do not guarantee that a token will reach a specific price level. The information provided is for informational purposes only and does not constitute investment advice. Investors should conduct their own research before making any financial decisions.
By accessing and using this platform, you agree to comply with our Terms of Use.
Trading cryptocurrencies and other financial instruments involves risks, including the potential for loss of funds. You should never trade more than you can afford to lose. Please be aware of the risks involved and seek independent financial advice if necessary.
For more detailed information, please refer to our Risk Disclosure Statement.
Disclaimer:
Price analysis and valuation are influenced by multiple factors, and theoretical projections do not guarantee that a token will reach a specific price level. The information provided is for informational purposes only and does not constitute investment advice. Investors should conduct their own research before making any financial decisions.
By accessing and using this platform, you agree to comply with our Terms of Use.
Trading cryptocurrencies and other financial instruments involves risks, including the potential for loss of funds. You should never trade more than you can afford to lose. Please be aware of the risks involved and seek independent financial advice if necessary.
For more detailed information, please refer to our Risk Disclosure Statement.