About USDD

The USDD price is $1.00, a change of 0.93% over the past 24 hours as of 7:23 a.m. The recent price action in USDD left the tokens market capitalization at $729,259,702.33. So far this year, USDD has a change of 1.81%. USDD is classified as a Currency under CoinDesks Digital Asset Classification Standard (DACS).

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Latest About USDD

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Tron founder Justin Sun reportedly moved funds to Binance. (Danny Nelson/CoinDesk)
Tron's Price Sinks 8%, USDD Depegs Amid Drama at Justin Sun-Related Huobi Crypto Exchange

Community sentiment soured around Huobi, which has Tron founder Sun as an adviser, after it said it will lay off hundreds of staff in coming weeks.

Tron founder Justin Sun reportedly moved funds to Binance. (Danny Nelson/CoinDesk)
Tron's USDD stablecoin (CoinGecko)
Tron's USDD Stablecoin Falls to Under 97 Cents, Lowest Level Since June

The algorithmic decentralized stablecoin modeled after Terra's now-defunct UST lost its dollar peg last month as the collapse of FTX dented investor confidence in digital assets.

Tron's USDD stablecoin (CoinGecko)
Tron founder Justin Sun (Shutterstock/CoinDesk)
Tron Network USDD Stablecoin Wobbles From Dollar Peg Amid Latest Crypto Crisis

Justin Sun speculated in a tweet that struggling trading firm Alameda might have started the deviation by selling its USDD holdings.

Tron founder Justin Sun (Shutterstock/CoinDesk)
CoinDesk - Unknown
Tron’s Stablecoin Peg to Dollar Wobbles; Justin Sun Swears to Deploy $2B to Prop Up

Decentralized USD (USDD) fell to as low as 91 cents on crypto exchanges early Monday and was changing hands around 99 cents at press time.

CoinDesk - Unknown
Idris Elba sits down with Sam Ewen from CoinDesk to discuss his partnership with the Stellar Development Foundation and how they are working on developing tools for underserved areas that will benefit creators and educators alike by giving access to new financial rails Read more...

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Last Updated on 10/04/23 7:23 AM

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