What USDD is
USDD is a crypto-collateralized / algorithmic stablecoin, currently ranked 69th by market capitalization among the assets we track. USDD is a crypto-collateralized or algorithmic stablecoin: instead of a bank account full of dollars, its peg is defended by on-chain collateral and protocol logic. That makes it more decentralized — and a different risk shape — than a fiat-backed token.
USDD is a decentralized stablecoin designed to maintain a 1:1 peg with the US dollar, aiming to provide a stable medium of exchange in the cryptocurrency ecosystem. It is built on the TRON blockchain and supports various decentralized applications and transactions.
How the peg is engineered
Stability comes from protocol rules rather than a custodian. That earns decentralization points, but it means the design has to survive exactly the market conditions that stress every crypto asset at once.
USDD is not mined; it is issued as a token rather than secured by its own mining or staking layer.
Background & fundamentals
USDD first went live in 2022, giving it roughly 4 years of on-chain price history to draw on. CoinPaprika classifies the project's development status as "Working product". In sector terms it is most often filed under Ethereum (ETH) Token (ERC-20), Stablecoin, and Binance Coin (BNB) Token (BEP-20).
Where USDD sits in the market
At $0.9995, USDD carries a market capitalization of $522.34M. Around $91.56M changes hands across exchanges in a typical 24-hour window. That is a turnover of about 17.53% of the float — elevated, often a sign of narrative-driven trading.
USDD carries no fixed maximum supply; issuance follows a programmatic schedule rather than a hard cap. At the current $0.9995, USDD sits essentially at its record high — the riskier end of the range for fresh entries. Measured from its all-time low of $0.1102, USDD is up +807%.
What the price history shows
Across timeframes, USDD shows 24-hour -0.02%, 30-day +0.04%, 1-year -2.21%. Within its 366-day range, USDD sits around the middle (the 73rd percentile of recent daily closes).
Volatility profile
Recent action puts USDD in the Low-volatility band — it has been relatively stable, with moves typical of large-cap, mature assets. Over the last 30 days the move totals +0.04%, a useful input for stop placement and position sizing.
How to evaluate USDD
A grounded read on USDD comes down to three questions:
- Collateral backing — what secures USDD, how over-collateralized it is, and how correlated that collateral is to the rest of crypto.
- Mechanism resilience — whether the peg has survived prior drawdowns, and how liquidations behave under stress.
- Decentralization trade-off — how much trust moves from a custodian to code — and whether that code has been battle-tested.
This page pulls live market data, on-chain stats where available, exchange-by-exchange volume, and our forecast model into one view so you can work through those questions in a single place. None of it is investment advice — it is a structured starting point for your own research.
