How do you feel about Decentralized USD today?

Today's USDD price

The 24-hour trading volume is $7.75M. The latest USDD price is $0.9997, based on the most up-to-date USD market data. Decentralized USD is +0.1% in the last 24 hours with a circulating supply of 565.17M.

USDD price history (USD)

What is Decentralized USD?

Decentralized USD, operating on the DefiChain blockchain, represents a significant advancement in the realm of decentralized finance (DeFi). This blockchain is tailored specifically for DeFi applications, aiming to fulfill the vision initially proposed by Satoshi Nakamoto, the pseudonymous creator of Bitcoin. The core objective of DefiChain is to enhance financial inclusivity and accessibility by leveraging the power of blockchain technology. It achieves this by offering a platform that is not only transparent and controlled by its users but also significantly reduces transaction fees and broadens the global reach of financial services. The technology behind DefiChain utilizes smart contracts to automate financial transactions in a transparent and trustless manner. This automation eliminates the need for intermediaries, thereby granting users direct control over their financial assets. The blockchain supports a variety of DeFi applications, ranging from decentralized exchanges and lending platforms to stablecoin creation and interest-bearing assets. DefiChain's ecosystem is rich with features designed to cater to the needs of cryptocurrency investors. These features include decentralized lending, token wrapping, pricing oracles, and decentralized exchanges. Additionally, it supports innovative financial instruments such as transferable debts and receivables, non-collateralized debt, asset tokenization, and the distribution of dividends. These functionalities not only enhance the efficiency of financial transactions but also open up new avenues for investment and financial management in the digital age. It's important for potential investors to conduct thorough research and consider the inherent risks before engaging with any cryptocurrency or DeFi platform. The landscape of digital finance is constantly evolving, and staying informed is key to navigating it successfully.

Decentralized USD resources