Justin Sun's USDD stablecoin is no longer backed by bitcoin

Tron founder Justin Sun reassured users after the Tron DAO Reserve removed nearly $750 million worth of bitcoin backing the USDD USDD - $0.999782038491120 stablecoin.

Source: theblock.co

Related symbols: STABLEUSD

2024-08-22 21:23:02 GMT.

Link to source Join our Telegram channel

Price & Market Data

Price: $0.999782038491120

Volume 24h: $2,074,478.63

Market Cap: $1,081,934,269.56

Description

USDD (USDD) is a cryptocurrency launched in 2022and operates on the Tron20 platform. USDD has a current supply of 1,144,388,659. The last known price of USDD is 0.99999916 USD and is up 0.06 over the last 24 hours. It is currently trading on 196 active market(s) with $22,822,536.25 traded over the last 24 hours. More information can be found at https://usdd.io/.