USDD (USDD) Price Index
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MarketCap$ 758,010,347
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Volume$ 4,956,700
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Change-0.01%
USDD
Bitcoin
Mezo Wrapped BTC
Osmosis allBTC
NEAR Intents Bridged BTC
Bitcoin Base
Bitcoin Second Chance
Bitcoin AI
Bobby The Cat
batcat
Big Tom Coin
Bobby The CatEthereum
Bridged Ether (StarkGate)
Osmosis allETH
NEAR Intents Bridged ETH
Krown Bridged ETH (Krown)
Bridged Binance-Peg Ethereum (opBNB)
The Ticker Is ETHTether
Cronos Bridged USDT (Cronos)
opBNB Bridged USDT (opBNB)
ENI Bridged USDT (ENI)
Linea Bridged USDT (Linea)
Injective Bridged USDT (Injective)
L2 Standard Bridged USDT (Base)
Scroll Bridged USDT (Scroll)
KCC Bridged USDT (Kucoin Community Chain)
Polygon Hermez Bridged USDT (x Layer)
StarkGate Bridged USDT (StarkNet)
Pulsechain Bridged USDT (Pulsechain)
Morph L2 Bridged USDT (Morph L2)
Abstract Bridged USDT (Abstract)
Map Bridged USDT (Map)
xDai Bridged USDT (Gnosis)
Sophon Bridged USDT (Sophon)
Krown Bridged USDT (Krown)
Stargate Bridged USDT
Celer Bridged USDT (Conflux)
HashKey Bridged USDT (HashKey)
Osmosis allUSDT
Wormhole Bridged USDT (Kaia)
NEAR Intents Bridged USDT
CoreDAO Bridged USDT (Core)
Etherlink Bridged USDT (Etherlink)
Sonic Gateway Bridged USDT (Sonic)
Polygon Hermez Bridged USDT (Polygon zkEVM)
RainLink Bridged USDT (Xone)
TAC Bridged USDT (TAC)
Celer Bridged USDT (Astar)
Reddex Bridged USDT (Redbelly)
Thundercore Bridged USDT (Thundercore)
Lisk Bridged USDT (Lisk)
Unit Zero Network Bridged USDT (Unit Zero Network)
Symbiosis Bridged USDT (Bahamut)
Mode Bridged USDT (Mode)
Zircuit Bridged USDT (Zircuit)
BOB Network Bridged USDT (BOB Network)
Soneium Bridged USDT (Soneium)
Beam Bridged USDT (Beam)
ShimmerBridge Bridged USDT (ShimmerEVM)
Unichain Bridged USDT (Unichain)
Nova Merged USDT (zkLink)
Fuse Bridged USDT (Fuse)
Arken Bridged USDT (Viction)
Areum Bridged USDT (Areum Network)
Pundi AIFX Omnilayer Bridged USDT (Pundi AIFX Omnilayer)
Ficus Root Bridged USDT (Taraxa)USDC
Binance Bridged USDC (BNB Smart Chain)
StarkGate Bridged USDC (Starknet)
Cronos Bridged USDC (Cronos)
Linea Bridged USDC (Linea)
Bridged USD Coin (Scroll)
zkSync Bridged USDC (zkSync)
Mantle Bridged USDC (Mantle)
Gnosis xDAI Bridged USDC (Gnosis)
Etherlink Bridged USDC (Etherlink)
CCIP Bridged USDC (Ronin)
Bridged USD Coin (PulseChain)
Polygon Hermez Bridged USDC (X Layer)
SX Rollup Bridged USDC (SX Rollup)
Initia Bridged USDC (Initia)
NEAR Intents Bridged USDC
LayerZero Bridged USDC (Aptos)
Wanchain Bridged USDC (Cardano)
Multichain Bridged USDC (Fantom)
Celer Bridged USDC (Astar)
Bridged USDC (Immutable zkEVM)
Rainbow Bridged USDC (Aurora)
Rollux Bridged USDC (Rollux)
Cronos zkEVM Bridged USDC (Cronos zkEVM)
Sophon Bridged USDC (Sophon)
Taiko Bridged USDC (Taiko)
Bridged USD Coin (Manta Pacific)
KCC Bridged USDC (KuCoin Community Chain)
Squid Bridged USDC (Saga)
Polygon Hermez Bridged USDC (Polygon zkEVM)
Morph L2 Bridged USDC (Morph L2)
Celer Bridged USDC (Conflux)
Eclipse Bridged USDC (Eclipse)
Bifrost Bridged USDC (Bifrost)
Beam Bridged USDC (Beam)
Synapse Bridged USDC (Elastos)
Mode Bridged USDC (Mode)
CoreDAO Bridged USDC (Core)
Zero Network Bridged USDC (Zero Network)
Mantra Bridged USDC (Mantra)
Arbitrum Bridged USDC (Arbitrum Nova)
Hyperlane Bridged USDC (Mantra EVM)
Nomad Bridged USDC (Moonbeam)
Bridged USD Coin (Force Bridge)
Skale IMA Bridged USDC (Skale)
Celer Bridged USDC (Filecoin)
Symbiosis Bridged USDC (Bahamut)
Arbitrum Bridged USDC (EDU Chain)
Wormhole Bridged USDC (Fantom)
Thundercore Bridged USDC (Thundercore)
zkLink Nova Merged Bridged USDC (zkLink Nova)
Fraxtal Bridged USDC (Fraxtal)
Shido Bridged USDC (Shido)
Chainport Bridged USDC (Humanode)
Superseed Bridged USDC (Superseed)
Q Bridged USDC (Q Mainnet)
Sanko Bridged USDC (Sanko)
Energi Bridged USDC (Energi)
Celer Bridged USDC (Oasys)
Multichain Bridged USDC (Moonbeam)
Multichain Bridged USDC (Dogechain)Cardano
Binance-Peg Cardano
Binance-Peg BUSDBUSD
Updated on Dec 28, 2023
Overview: What is USDD (USDD)?
As a stablecoin, USDD brings the stability of traditional fiat currencies to the volatile crypto markets. Stablecoins are a type of digital asset designed to maintain a steady value over time. In contrast to traditional cryptocurrencies like Bitcoin or Ethereum, which can experience rapid and substantial price fluctuations, stablecoins like USDD are designed to ensure price stability. This is achieved by pegging the price to a fiat currency or a basket of assets. However, USDD is especially intriguing because of its distinctive approach to maintaining stability. USDD (USDD Coin) is an algorithmic stablecoin. In contrast to fiat or crypto-pegged stablecoins, which are backed by reserves, algorithmic stablecoins are issued based on an algorithm. The algorithm is designed to achieve price stability by managing the supply and demand of the stablecoin against a secondary token that has not been price-pegged. USDD is powered by the TRON DAO Reserve, a decentralized autonomous organization created by the TRON Network.
What Makes USDD Coin Unique?
What sets USDD apart from other stablecoins is its backing mechanism and the way it maintains its peg. In contrast to some stablecoins that are backed by fiat currencies like the US dollar, metals like gold, or other assets held in reserve, USDD utilizes a different mechanism, involving algorithms, to stabilize its value.
What Is USDD Used For?
USDD Coin serves several key functions, one of which is as a medium of exchange. The coin’s stable value makes it a particularly efficient medium for everyday transactions. In addition, USDD can be used for cross-border transactions and settlements. The stablecoin can also be used as way for crypto investors to hedge against market volatility.
How Does USDD Coin Work?
USDD works by maintaining a peg to a stable asset, like the US dollar. This is typically achieved through a mix of collateralization strategies, reserve management, and algorithms designed to adjust the supply of the stablecoin to match demand, thereby maintaining its peg.
How Is the USDD Price Determined?
The price of USDD Coin is designed to be stable and is generally pegged to the US dollar. This peg is maintained through algorithms and smart contracts, ensuring that the value of USDD does not fluctuate wildly, even when the wider crypto market is volatile.
What Is the USDD Coin Price Prediction for 2030?
Since USDD is a stablecoin, its price prediction is very straightforward: it aims to maintain parity with the US dollar or the asset to which it is pegged. As a result, barring any unforeseen changes in the stablecoin’s design or management, by 2030, its value should still closely align with that of the US dollar.
How Is USDD Secured?
Operating as a decentralized, algorithmic stablecoin, USDD has a robust security model grounded in over-collateralization. This means that the value of cryptocurrency held in reserves is greater than the value of the stablecoins issued.
USDD is available on the TRON, Ethereum, and BNB Chain blockchains. These all involve the use of advanced cryptographic techniques and consensus mechanisms to ensure transactions are secure and the ledger is tamper-proof.
Where Can You Buy USDD?
USDD coin can be purchased on various cryptocurrency exchanges. The availability of USDD depends on the exchange and the region. It’s important to use reputable exchanges to ensure security and compliance with local regulations.
How Can You Store USDD Coin?
As a digital asset, USDD can be stored in a range of cryptocurrency wallet types. These include hardware wallets and software wallets. Your choice of wallet should depend on your priorities, since hardware wallets offer tighter security whereas software wallets offer more the ease and convenience of online access.
FAQs
Is USDD a good investment?
As a stablecoin, USDD is not typically viewed as an investment in the traditional sense. Its main appeal is stability and utility in transactions, rather than potential for appreciation in value.
Is USDD a stablecoin?
Yes, USDD is a stablecoin, so it aims is designed to maintain a stable value relative to a pegged asset.
What type of stablecoin is USDD?
USDD is an algorithmic stablecoin. This means it uses algorithms and smart contracts to maintain its peg to the US dollar, as opposed to being directly backed by fiat reserves.
Where can I buy USDD tokens?
USDD tokens can be purchased on a wide variety of cryptocurrency exchanges. The exchanges where it can be bought may change with time so it is always worth checking w by popular crypto exchange listings for the most up-to-date information.
How does USDD maintain stability?
USDD maintains stability, and its peg to the US dollar, through a combination of collateralization, reserve management, and algorithms that automatically adjust its supply to match demand.
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BitcoinMezo Wrapped BTCOsmosis allBTCNEAR Intents Bridged BTCBitcoin BaseBitcoin Second ChanceBitcoin AIBobby The CatbatcatBig Tom CoinBobby The CatEthereumBridged Ether (StarkGate)Osmosis allETHNEAR Intents Bridged ETHKrown Bridged ETH (Krown)Bridged Binance-Peg Ethereum (opBNB)The Ticker Is ETHTetherCronos Bridged USDT (Cronos)opBNB Bridged USDT (opBNB)ENI Bridged USDT (ENI)Linea Bridged USDT (Linea)Injective Bridged USDT (Injective)L2 Standard Bridged USDT (Base)Scroll Bridged USDT (Scroll)KCC Bridged USDT (Kucoin Community Chain)Polygon Hermez Bridged USDT (x Layer)StarkGate Bridged USDT (StarkNet)Pulsechain Bridged USDT (Pulsechain)Morph L2 Bridged USDT (Morph L2)Abstract Bridged USDT (Abstract)Map Bridged USDT (Map)xDai Bridged USDT (Gnosis)Sophon Bridged USDT (Sophon)Krown Bridged USDT (Krown)Stargate Bridged USDTCeler Bridged USDT (Conflux)HashKey Bridged USDT (HashKey)Osmosis allUSDTWormhole Bridged USDT (Kaia)NEAR Intents Bridged USDTCoreDAO Bridged USDT (Core)Etherlink Bridged USDT (Etherlink)Sonic Gateway Bridged USDT (Sonic)Polygon Hermez Bridged USDT (Polygon zkEVM)RainLink Bridged USDT (Xone)TAC Bridged USDT (TAC)Celer Bridged USDT (Astar)Reddex Bridged USDT (Redbelly)Thundercore Bridged USDT (Thundercore)Lisk Bridged USDT (Lisk)Unit Zero Network Bridged USDT (Unit Zero Network)Symbiosis Bridged USDT (Bahamut)Mode Bridged USDT (Mode)Zircuit Bridged USDT (Zircuit)BOB Network Bridged USDT (BOB Network)Soneium Bridged USDT (Soneium)Beam Bridged USDT (Beam)ShimmerBridge Bridged USDT (ShimmerEVM)Unichain Bridged USDT (Unichain)Nova Merged USDT (zkLink)Fuse Bridged USDT (Fuse)Arken Bridged USDT (Viction)Areum Bridged USDT (Areum Network)Pundi AIFX Omnilayer Bridged USDT (Pundi AIFX Omnilayer)Ficus Root Bridged USDT (Taraxa)USDCBinance Bridged USDC (BNB Smart Chain)StarkGate Bridged USDC (Starknet)Cronos Bridged USDC (Cronos)Linea Bridged USDC (Linea)Bridged USD Coin (Scroll)zkSync Bridged USDC (zkSync)Mantle Bridged USDC (Mantle)Gnosis xDAI Bridged USDC (Gnosis)Etherlink Bridged USDC (Etherlink)CCIP Bridged USDC (Ronin)Bridged USD Coin (PulseChain)Polygon Hermez Bridged USDC (X Layer)SX Rollup Bridged USDC (SX Rollup)Initia Bridged USDC (Initia)NEAR Intents Bridged USDCLayerZero Bridged USDC (Aptos)Wanchain Bridged USDC (Cardano)Multichain Bridged USDC (Fantom)Celer Bridged USDC (Astar)Bridged USDC (Immutable zkEVM)Rainbow Bridged USDC (Aurora)Rollux Bridged USDC (Rollux)Cronos zkEVM Bridged USDC (Cronos zkEVM)Sophon Bridged USDC (Sophon)Taiko Bridged USDC (Taiko)Bridged USD Coin (Manta Pacific)KCC Bridged USDC (KuCoin Community Chain)Squid Bridged USDC (Saga)Polygon Hermez Bridged USDC (Polygon zkEVM)Morph L2 Bridged USDC (Morph L2)Celer Bridged USDC (Conflux)Eclipse Bridged USDC (Eclipse)Bifrost Bridged USDC (Bifrost)Beam Bridged USDC (Beam)Synapse Bridged USDC (Elastos)Mode Bridged USDC (Mode)CoreDAO Bridged USDC (Core)Zero Network Bridged USDC (Zero Network)Mantra Bridged USDC (Mantra)Arbitrum Bridged USDC (Arbitrum Nova)Hyperlane Bridged USDC (Mantra EVM)Nomad Bridged USDC (Moonbeam)Bridged USD Coin (Force Bridge)Skale IMA Bridged USDC (Skale)Celer Bridged USDC (Filecoin)Symbiosis Bridged USDC (Bahamut)Arbitrum Bridged USDC (EDU Chain)Wormhole Bridged USDC (Fantom)Thundercore Bridged USDC (Thundercore)zkLink Nova Merged Bridged USDC (zkLink Nova)Fraxtal Bridged USDC (Fraxtal)Shido Bridged USDC (Shido)Chainport Bridged USDC (Humanode)Superseed Bridged USDC (Superseed)Q Bridged USDC (Q Mainnet)Sanko Bridged USDC (Sanko)Energi Bridged USDC (Energi)Celer Bridged USDC (Oasys)Multichain Bridged USDC (Moonbeam)Multichain Bridged USDC (Dogechain)CardanoBinance-Peg CardanoBinance-Peg BUSDBUSD