USDD is the token name for Decentralized USD. Official sources define the new version of USDD as a decentralized stablecoin pegged to the US dollar and backed by crypto-asset collateral.

Decentralized USD Price Today, Live Market & Historical Trend Chart

Q: How is USDD related to the US dollar?

The new USDD is designed to maintain a 1:1 peg with the US dollar. Its stability mechanism is based on overcollateralization and protocol modules, though its market price may still fluctuate.

Q: How can USDD be minted?

According to the official architecture, users can deposit eligible collateral assets in vaults and mint USDD; collateral-ratio requirements vary with the volatility of the collateral asset.

Q: How is a position closed after minting USDD?

In vault mode, users can settle their debt by repaying the minted USDD and the applicable stability fee; if conditions are met, they can withdraw their previously deposited collateral.

Q: What does the PSM do in USDD?

PSM means Peg Stability Module. Official documentation states that it supports fixed-ratio exchanges between USDD and designated stablecoins, operating with a reserve pool through USDD minting or burning.

Q: What can USDD be used for?

Official materials position USDD as a stablecoin that can integrate with DeFi, listing trading, lending, staking, and liquidity-related activities. Available functions depend on the protocol used.

Q: Which networks does USDD support?

The official features page states that USDD supports multichain use and lists TRON, Ethereum, and BNB Chain. When using it across networks, verify the network and asset route being used.

Q: Does holding USDD mean holding equity in the project?

USDD is not corporate equity or a deposit certificate. Holding USDD does not mean holding shares in the issuer, nor does it inherently provide dividends, redemption, or governance rights.

Q: How can I understand USDD's on-chain mechanism?

Official materials state that collateral supporting USDD and transaction records can be audited on the blockchain. Users should also verify the network, protocol interface, and transaction parameters they use.

Q: How is USDD governed?

Official sources state that the new USDD uses community-driven governance, with protocol-related decisions involving decentralized proposals and on-chain voting.

Rank 71

$0.9992

+$0.0006(+0.07%)

Market Cap

$1.75B

24h High

$1.0005

24h Low

$0.9985

24h Turnover

$18.30K

Total Supply

1.54B

Market Sentiment

Neutral

Decentralized USD (USDD) Price Performance

View Decentralized USD (USDD) Price Prediction

Decentralized USD (USDD) has a Last Price of $0.9992, with a 24h change of +0.07%. The 24h low is $0.9985, the 24h high is $1.0005, and the 24h turnover is $18.30K. The current market cap is approximately $1.75B, ranking 71 by market cap and accounting for 0.029% of the total crypto market cap. The All-Time High is $1.2400 (⁦2026-07-09⁩), with a change from the All-Time High of -19.42%.

7 Days
+0.11%
Low
$0.9970
High
$1.0050
30 Days
+0.11%
Low
$0.9481
High
$1.1080
90 Days
-0.01%
Low
$0.9481
High
$1.1080
1 Year
-0.08%
Low
$0.9481
High
$1.1080

Fear & Greed Index

0 Extreme Fear100 Extreme Greed

Yesterday: 55; Normal
Last Week: 62; Greed
Last Month: 70; Greed

The Fear & Greed Index is currently 63/100, in the Greed zone; change from yesterday: +8, from last week: +1, and from last month: -7. Lower values indicate more fearful sentiment, while higher values indicate more greedy sentiment. This does not represent price change.

Why Did Decentralized USD (USDD) Rise in the Last 24 Hours?

USDD is part of TRON’s stablecoin ecosystem. In the third quarter of 2026, the combined supply of USDT and USDD in that ecosystem was $93.88 billion, with average daily settlement of $24.05 billion, up 5.1% quarter over quarter. These aggregate figures reflect network use and provide ecosystem context, but are not USDD-specific figures and do not directly explain short-term price movements. Technical indicators were broadly neutral: shorter timeframes showed some trend strength but no clear direction, while daily trend strength was very weak, with no clear directional signal.

About Decentralized USD (USDD)

USDD is a cryptocurrency issued by Wave Field DAO Reserve, with stable prices and diverse use cases. It will have an internal incentive mechanism and corresponding monetary policy, which will enable the US dollar to self stabilize in any price fluctuations and help consolidate its value as a true settlement currency.

Use Cases and Features

USDD is a decentralized stablecoin pegged to the U.S. dollar, based on overcollateralization with crypto assets and intended to maintain a 1:1 peg with the dollar. It can be used for trading, lending, and liquidity in decentralized finance; official documentation also describes community governance, on-chain auditability, and multichain use across networks including TRON, Ethereum, and BNB Chain.

Supply and Issuance Mechanism

The supply of USDD can change with protocol operations. The official architecture explains that users can deposit eligible collateral assets into vaults to mint USDD; after repaying the minted USDD and stability fee, they can settle the debt and withdraw their collateral. In PSM scenarios, USDD is minted when users exchange designated stablecoins for it and burned in the reverse exchange.

Margin

Stablecoins

USDT

Website

Explorers

How to Buy and Use Decentralized USD (USDD)

How to Buy

Buy in just four steps (Log in -> Verify -> Purchase -> Receive crypto)

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USDD/USDT

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Est.30-Day APR

5.09%

Fiat Exchange

USDD to USD$0.9989

USDD to RUB₽77.246

USDD to EUR€0.8736

USDD to BRLR$5.1614

USDD to INR₹95.350

USDD to AEDد.إ3.6684

More USDD Converter

Decentralized USD (USDD) Basics & Market Insights

Fundamentals

What is USDD?Beginner

Gate DEX Bonus: Join USDD staking to earn 5% APY and receive an extra 20,000 USDD rewardBeginner

$USDD (Decentralized USD): The Stablecoin Redefining On-Chain SettlementsBeginner

Market Analysis

From USDT to USDD: How TRON Is Building the Next Generation of Decentralized Stablecoins and On-Chain Payment EcosystemsThis article examines the USDD over-collateralization mechanism, TRON’s payment advantages, and its strategic role within the decentralized stablecoin ecosystem.2026-07-13

Gate Launches Flexible USDD Savings: A High-Liquidity Yield StrategyThis article explores how Gate USDD flexible savings works, its product features, and risk considerations, helping investors develop agile yield strategies.2026-04-15

Gate USDD Flexible Earn Promotion Round Two: Enjoy 5% APY with Flexible Deposits and WithdrawalsGate Earn Launches Second Round of USDD Flexible Savings Benefits: Enjoy Annual Yields Up to 5% with a Minimum Investment of Just 1.5 USDD. Deposit and withdraw anytime, with interest paid out hourly. Join now to take advantage of this opportunity.2026-04-14

Frequently Asked Questions About Decentralized USD (USDD)

What is USDD?

How is USDD related to the US dollar?

How can USDD be minted?

How is a position closed after minting USDD?

What does the PSM do in USDD?

What can USDD be used for?

Which networks does USDD support?

Does holding USDD mean holding equity in the project?

How can I understand USDD's on-chain mechanism?

How is USDD governed?

How does USDD supply change?

Risk Disclosure

Cryptocurrencies are high-risk assets and are subject to significant price volatility. The value of digital assets may fluctuate sharply within a short period of time, and you may lose part or all of your investment principal. Past performance does not guarantee future results. Before engaging in any transaction, you should carefully assess your financial situation, investment experience, investment objectives, and risk tolerance, and ensure that you fully understand the characteristics and risks associated with cryptocurrencies. If necessary, you are advised to consult an independent professional advisor with the appropriate qualifications.

Disclaimer

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