Name: USDD
Brand: Binance
Price: 1 BHD
Availability: InStock

Price of USDD Today

The live price of USDD is $0.998077 per (USDD / USD) with a current market cap of $917.98M USD. 24-hour trading volume is $3.67M USD. USDD to USD price is updated in real-time. USDD is -0.03% in the last 24 hours with a circulating supply of 919.75M.

USDD Price History USD

Date Comparison	Amount Change	% Change
Today	$-0.000291	-0.03%
30 Days	$-0.002036	-0.2%
60 Days	$-0.001509	-0.15%
90 Days	$-0.002776	-0.28%

USDD Chart Performance

24h Low & High

Low: $0.996694

High: $1.000414

The highest and lowest price paid for this asset in 24 hours.

All Time High

$1.033364

The highest price paid for this asset since it was launched or listed.

Price Change (1h)

-0.09%

The percentage change in price for this asset compared to 1 hour ago.

Price Change (24h)

-0.03%

The percentage change in price for this asset compared to 24 hours ago.

Price Change (7d)

-0.17%

The percentage change in price for this asset compared to 7 days ago.

24h Low & High

Low: $0.996694

High: $1.000414

All Time High

$1.033364

Price Change (1h)

-0.09%

Price Change (24h)

-0.03%

Price Change (7d)

-0.17%

About TrueUSD (TUSD)

TrueUSD (TUSD) is an ERC-20 stablecoin that was deployed on the Ethereum mainnet in 2018. Its primary utility is tied to its main goal of remaining as closely pegged to the value of the US dollar as possible.

TUSD is reportedly collateralized by USD held in escrow in bank accounts owned by Trust Companies. It is also said to be the first independently verified digital asset pegged 1:1 with the US dollar. As a result of the Ethereum Merge, TUSD transactions are validated using a proof-of-stake (PoS) consensus mechanism.

TrustToken, the San Francisco-based company that developed and launched TUSD, established the ecosystem to ensure all funds were verified through a network of multiple escrow accounts.

The Trust Companies managing the various accounts that hold the collateralized funds are obliged to publish the value of these funds daily, as well as to perform monthly audits. This process was established to lower the risk of TUSD hacks and theft and give TUSD holders legal protection against the same.

TSD price is updated and available in real time on Binance.

People Also Ask: Other Questions About USDD

What Does TrueUSD Stand For?

The name TrueUSD is derived from the premise that it was the first independently verified digital currency to be pegged 1:1 with the US dollar, making it “true” and transparent.

What is TUSD Used For?

As a stablecoin, TUSD is used as a less volatile digital currency holders can hedge against less stable digital currencies in any market circumstance. TUSD can be used in global digital payments and transactions and is regularly among the top five stablecoins by market cap, falling just behind BUSD and DAI. It is also the fifth most traded stablecoin at the time of writing.

Is TUSD Redeemable for USD on TrustToken’s Website

The TrustToken website permits the direct purchase and redemption of TUSD for US dollars. Individuals are required to meet Know Your Customer (KYC) and Anti-Money Laundering (AML) requirements prior to being allowed to complete any exchange.

Who is the TrueUSD Founder?

TrueUSD was developed by TrustToken. The company was founded in San Francisco in 2017, by a team consisting of members from UC Berkeley, Stanford, Google, PayPal, AirBnB, and Goldman Sachs. TrustToken seeks to make whole and fractionally tokenized assets easily available to the public.

What is the Maximum Token Supply of TUSD

Since new TUSD tokens can be minted whenever individuals directly trade USD for TUSD by depositing into a collateralized fund account, TUSD has no available maximum supply. At the time of writing, its total circulating supply is reportedly 943.74 million tokens.

How To Buy TUSD?

TUSD can be purchased directly from Binance using a debit or credit card. It can also be traded for other cryptocurrencies on the Binance exchange. Live TUSD price is updated in real time on Binance. Additional TUSD price and purchase information is available in our How to Buy TrueUSD (TUSD) Guide.

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