USDD USDD

What USDD actually is on-chain

For USDD the project publishes a whitepaper and an active account as @usddio. That is a partial paper trail — enough to check claims against, not enough to audit. None of it is a quality judgement about the asset; it is simply what can be independently checked before the chart is worth looking at.

Where USDD sits in the market

At #57, USDD sits in the bottom of the large-cap band, adjacent to the mid-cap cut-off. Down here the large-cap label is doing less work than it appears to. USDD is one revision away from the mid-cap band, and the practical consequences of crossing that line — index eligibility, market-maker commitments, how much size the book absorbs — change well before the ranking does.

CryptoPingAi is currently streaming 2 live USDD order books (Gate.io, HTX). That is thinner coverage than a #57 ranking would normally imply — a move on one of these books is close to the whole market for USDD, with no deep second venue to arbitrage it back. None of the books we see for USDD are regulated US or Korean venues, so this is an offshore-quoted asset — availability, and the price itself, depend on which jurisdiction you trade from.

USDD against its all-time high

USDD is 5.1% below the $1.05 record set on 2023-10-23. That is a shallow drawdown: the high itself is the nearest meaningful reference overhead, and the supply that changed hands near it is small enough that a retest is a mechanical question of flow rather than a structural one. Reclaiming the high needs only 1.05x from here. It was set 3 years ago. A reference that old says more about the cycle it belongs to than about the asset as it trades now.

USDD across its historical range

The recorded range is comparatively narrow: 1.13x between $0.9281 and $1.05. Either the price history is short, or the asset is designed not to move.

USDD is within 7.6% of its all-time low of $0.9281, printed on 2022-06-19. This is the part of a chart with no history: there is no prior trading below this level, so there is no support to reference, no volume shelf and no cost-basis cluster to lean on. The low is old enough to have held as a floor across several market regimes — a materially different setup from one printed recently.

USDD supply structure

There is no fixed maximum supply for USDD. Total supply stands at 1.47 billion USDD and essentially all of it — 99.9% — is circulating. With no locked treasury to unlock, dilution comes from protocol issuance over time rather than from a cliff on a vesting calendar, which tends to produce slow supply drift instead of discrete unlock shocks. With a supply in the billions, the quoted price is low enough that a single cent of movement is a large percentage swing; size your thresholds in percent, not in cents.

What kind of asset USDD is

USDD is pegged to the US dollar, so the only price question that matters is whether the peg holds; trend and momentum readings on a dollar peg describe noise, not direction. Its peg is maintained algorithmically rather than by reserves. That is the most fragile of the stablecoin designs: the mechanism that defends the peg is itself reflexive, so it is strongest when it is least needed and weakest during the redemption pressure it exists to absorb. Depegs in this category tend to be step changes, not drifts. At a fully diluted value above a billion dollars it is large enough that its peg is defended by deep secondary liquidity, not only by the issuer's redemption promise.

CoinGecko files USDD under 8 categories, including Stablecoins, USD Stablecoin, BNB Chain Ecosystem, Ethereum Ecosystem, Tron Ecosystem. CoinGecko also records deployments on BNB Chain (2,027 tracked tokens), Ethereum (3,072 tracked tokens), Tron (76 tracked tokens), so on-chain liquidity is split across several networks and the cheapest venue depends on which deployment you are trading.

How to set a USDD alert that is worth receiving

USDD (USDD) — quoted on 2 venues we stream — high dated 2023-10-23 — rank #57. On this profile the condition that carries signal is a peg-deviation band of roughly ±0.5% of par, with RSI ignored entirely.

Full alert-design method: thresholds, RSI/MACD and volume conditions →