The edge that pays for itself.
USDD (USDD) Price
USDD Price
DeFi Analytics
Advantages of Cryptocurrency
Decentralization & Financial Freedom
Cryptocurrencies operate on decentralized networks, removing the need for intermediaries like banks. This enables peer-to-peer transactions, financial inclusion for the unbanked, and resistance to censorship or government control.
Transparency & Security
Blockchain technology provides an immutable, transparent ledger of all transactions. Cryptographic security makes it extremely difficult to counterfeit or double-spend, offering strong protection against fraud.
Global Accessibility
Anyone with an internet connection can send and receive cryptocurrency worldwide, 24/7, without geographic restrictions or banking hours. This is particularly valuable for international remittances.
Investment Potential
Cryptocurrencies have demonstrated significant long-term appreciation potential. Early investors in Bitcoin and Ethereum saw extraordinary returns, and the asset class offers portfolio diversification benefits.
Risks of Cryptocurrency
High Volatility
Cryptocurrency prices can fluctuate dramatically – often by 20–50% or more within short periods. This high volatility makes them inherently risky investments, and significant capital losses are possible.
Regulatory Uncertainty
The regulatory landscape for cryptocurrencies is still evolving globally. Sudden regulatory changes can significantly impact prices and accessibility, creating legal and compliance risks for investors and businesses.
Security Risks
Hacks, scams, and phishing attacks are prevalent in the crypto space. The irreversible nature of blockchain transactions means stolen funds are rarely recovered. Users must secure their private keys and wallets diligently.
Environmental Impact
Proof-of-Work cryptocurrencies like Bitcoin require substantial computational energy, raising environmental concerns. While the industry is transitioning toward more energy-efficient consensus mechanisms, the carbon footprint remains a significant criticism.
History of Cryptocurrency
The history of cryptocurrency begins with Bitcoin, introduced in 2009 by the pseudonymous Satoshi Nakamoto. The Bitcoin whitepaper, published in October 2008, proposed a peer-to-peer electronic cash system enabling online payments directly between parties without going through a financial institution.
Bitcoin's first recorded commercial transaction occurred in May 2010 when Laszlo Hanyecz paid 10,000 BTC for two pizzas – a transaction now celebrated annually as Bitcoin Pizza Day.
The Rise of Altcoins
Following Bitcoin's success, thousands of alternative cryptocurrencies (altcoins) emerged. Ethereum, launched in 2015 by Vitalik Buterin, introduced smart contracts – self-executing agreements coded into the blockchain – enabling decentralized applications (dApps) and decentralized finance (DeFi).
The ICO Boom and Market Crash
The years 2017–2018 saw an explosion of Initial Coin Offerings (ICOs), where new projects raised funds by selling tokens. Bitcoin reached nearly $20,000 in December 2017 before crashing dramatically in 2018, triggering a prolonged crypto winter.
Institutional Adoption
The 2020–2021 bull run saw unprecedented institutional interest, with companies like MicroStrategy and Tesla adding Bitcoin to their balance sheets. Bitcoin hit new all-time highs above $60,000. The launch of Bitcoin ETFs and growing regulatory clarity further legitimized the asset class.
DeFi, NFTs & Web3
Decentralized finance (DeFi) protocols, non-fungible tokens (NFTs), and the broader Web3 movement transformed the cryptocurrency landscape. Platforms like Uniswap, Aave, and OpenSea enabled entirely new financial and digital ownership models.
Today, the cryptocurrency market encompasses thousands of digital assets with a combined market capitalization in the trillions of dollars, representing a fundamental shift in how the world thinks about money, finance, and digital ownership.
Exchange
| Exchange | Market Pair | Price | Depth +2% | Depth -2% | Volume 24H | Volume % | Type | Liquidity Rating | Freshness |
|---|---|---|---|---|---|---|---|---|---|
| HTX | BTC/USDD | 108,406.94 | 6,619.98 | 10,248.87 | 3.09 M | 0.16 | cex | 523.00 | 7/9/2025, 6:23 AM |
| HTX | USDD/USDT | 1.00 | 3.68 M | 7.20 M | 1.73 M | 0.09 | cex | 857.00 | 7/9/2025, 6:23 AM |
| TruBit Pro Exchange | USDD/USDT | 1.00 | 7,723.32 | 7,957.60 | 1.11 M | 0.27 | cex | 266.00 | 7/9/2025, 6:21 AM |
| EXMO.ME | USDD/USDT | 1.00 | 26,602.28 | 34,652.32 | 277,611.15 | 0.00 | cex | 202.00 | 7/9/2025, 6:12 AM |
| EXMO | USDD/USDT | 1.00 | 26,602.28 | 34,652.32 | 277,311.54 | 0.81 | cex | 408.00 | 7/9/2025, 6:18 AM |
| Tokpie | USDD/USDT | 1.00 | 8,707.19 | 18,478.60 | 150,604.60 | 2.12 | cex | 313.00 | 7/9/2025, 6:21 AM |
| Gate | USDD/USDT | 1.00 | 45,058.25 | 61,388.24 | 56,153.86 | 0.00 | cex | 497.00 | 7/9/2025, 6:23 AM |
| AscendEX | USDD/USDT | 0.98 | 50.00 | 136.00 | 54,188.78 | 0.01 | cex | 68.00 | 7/9/2025, 6:18 AM |
| Bybit | USDD/USDT | 1.00 | 137,545.90 | 153,175.79 | 43,431.27 | 0.00 | cex | 444.00 | 7/9/2025, 6:21 AM |
| KuCoin | USDD/USDT | 1.00 | 18,443.91 | 153,991.96 | 38,968.67 | 0.00 | cex | 536.00 | 7/9/2025, 6:23 AM |
USDD FAQ
USDD is a stablecoin issued by the TRON DAO Reserve, designed to maintain parity with the US dollar. It aims to offer a dependable, decentralized cryptocurrency for blockchain transactions. USDD is utilized for payments, trading, staking, and as a store of value. The stability of USDD is supported by various cryptocurrencies, including Bitcoin, Ethereum, and TRON. To ensure stability and security, the reserve is over-collateralized, holding more assets than the total amount of USDD in circulation.
Justin Sun is the founder of TRON, the entity responsible for the USDD stablecoin. Introduced on May 5, 2022, USDD operates on the TRON blockchain and is also accessible on Ethereum and BNB Chain.
USDD is issued and redeemed through smart contracts on TRON, facilitating fast and secure transactions while ensuring transparent and verifiable records of USDD issuance and redemption. This system also enables users to participate in staking pools. A decentralized community of stakeholders governs the management and development of USDD, making decisions on behalf of the broader community through the TRON DAO Reserve (TDR). The TDR acts as the principal custodian of USDD, tasked with preserving its value and maintaining a stable exchange rate. The TRON DAO Reserve was established as an independent financial organization to shield the Tron ecosystem from the impacts of prolonged economic downturns, financial crises, and volatile exchange rates affecting both centralized and decentralized Tron stable currencies. Its primary functions include serving as a lender of last resort, regulating risk-free interest rates, managing liquidity through the release and restriction of funds, and implementing monetary and exchange rate policies.
The USDD stablecoin is designed to maintain a static exchange rate of 1:1 with the US dollar. This means that for each USDD coin in circulation, an equivalent amount of US dollars is held in reserve. A total of $2 billion in USDD has been authorized, with $1.25 billion worth authorized but not yet distributed. As of June 2023, the total supply of USDD is approximately $741,000, and the total collateral amounts to about $1.2 billion. This collateral is primarily held in TRX, BTC, and TUSD.
The security of any stablecoin is significantly dependent on the stability of its underlying assets. Consequently, the USDD protocol over-collateralizes with highly liquid assets such as BTC, TUSD, and TRX. To maintain currency stability amid fluctuations in the values of its reserve assets due to adverse market conditions, the protocol's monetary policy permits dynamic adjustments to the reserve asset ratios.
USDD is available on various cryptocurrency exchanges, such as KuCoin, PancakeSwap (V2), Uniswap (V3), SushiSwap, Gate.io, Poloniex, Huobi, Bybit, among others.
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