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USDD

USDD

$0.9997
0.12%
Open
-
High
-
Low
-
Vol.
-
coindesk-loading-spinner
1H
24H
7D
1M
1Y
All
Market Cap. #133
$342,402,808
Volume (24h) #531
$2,723,121
Supply (Circ. / Total / Max)
342.48M / 342.48M / ∞
Launch Date
2022-04-30
Built On
TRX
Token Standard
TRC20
Smart Contract Address
TXDk8mbtRbXeYuMNS83CfKPaYYT8XWv9Hz
Decimal Places
18

USDD Price Converter

USDD

USDD Information

Resources

WebsitesWebsiteWhitepaperBlog
Industries
Stablecoin
Payment
Communitiestwitter.com
Parent AssetUSD

USDD Supported Platforms

AUSDDERC20ARB0x680447595e8b7b3aa1b43beb9f6098c79ac2ab3f2022-05-16
RUSDDERC20AURORA0x941b45cb782CcEd9814821E9b684261fa353BCD52022-05-17
RUSDDNEP141NEAR0c10bf8fcb7bf5412187a595ab97a3609160b5c6.factory.bridge.near2022-05-17
USDDTRC20TRXTXDk8mbtRbXeYuMNS83CfKPaYYT8XWv9Hz2025-01-19
USDDBEP20BNB0x392004BEe213F1FF580C867359C246924f21E6Ad2025-01-20
View all

About USDD

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 is a cryptocurrency issued by the TRON DAO Reserve, aiming to increase the currency's value and transaction scale. It's an over-collateralized decentralized stablecoin protocol, providing stability, security, and versatility in its applications. USDD is pegged to the US dollar, ensuring its steady value, which makes it useful for electronic payments and bridges the gap between digital and traditional assets.

The stability of USDD is guaranteed by over-collateralizing it with multiple mainstream digital assets like BTC, USDT, and TRX, managed by the TRON DAO Reserve. The collateral ratio is set to always exceed 120% of the USDD in circulation, and the responsive monetary policy mechanisms adjust the ratio to maintain stability based on changing market conditions.

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.

USDD is primarily used as a medium for transactions within the cryptocurrency sphere and beyond due to its stable value. It serves as a useful tool for hedging against price volatility commonly associated with other cryptocurrencies. Additionally, it can be used for electronic payments, demonstrating the practical applications of digital assets. Overall, USDD extends the usability of cryptocurrency, making it accessible with wider implications for both the blockchain space and the real-world economy.