USDD company info

What does USDD do?
USDD (CRYPTO:USDD) is a new cryptocurrency designed to serve as a decentralized digital currency for the United States. It is built on the Ethereum blockchain and backed by the US Federal Reserve, providing it with the same level of security and trust as the US dollar. USDD was created in 2020 as part of a joint effort between the US government, the Federal Reserve, and a consortium of leading blockchain firms. The goal of USDD is to introduce a reliable, secure, and stable digital currency to the US economy. USDD offers a number of advantages over traditional fiat money. It is more efficient, secure, and cost-effective to send and receive USDD payments. USDD is also a fully compliant digital asset, subject to the same regulations as other digital assets. USDD is currently available for purchase on several cryptocurrency exchanges, and is quickly becoming one of the most popular digital currencies in the US.
USDD company media
Company Snapshot

What is the market cap for USDD?

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Market Cap
$732.18M

What year was USDD founded?

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Year Founded
2020
What does USDD specialise in?
/Algorithmic Stablecoin /Arbitrum Ecosystem /Stablecoin

What are the products and/or services of USDD?

Overview of USDD offerings
Asset tokenization: USDD can be used to create and manage tokenized assets, such as NFTs and security tokens.
Central bank digital currencies (CBDCs): USDD could be used to develop and implement a US central bank digital currency (CBDC).
Decentralized finance (DeFi): USDD can be used to build and use DeFi applications, such as decentralized exchanges and lending protocols.
Payments: USDD can be used to send and receive payments quickly and securely, with low transaction fees.