What is Decentralized USD (USDD)?
Decentralized USD, more commonly known as USDD, is an overcollateralized USD-pegged stablecoin that is issued and under the custody of The TRON DAO. As a USD stablecoin, it can be exchanged into the fiat at the rate of close to 1:1. USDD is available on most popular blockchains such as BSC, Ethereum, TRON, etc.
How Decentralized USD (USDD) Works
The stablecoin is backed by various digital assets such as BTC, USDT, USDC, and TRX. It claims to be always over-collateralized with the collateral ratio set at 120%.
According to the TRON DAO Reserve’s Website, there are currently 725.3 million USDD secured by $1.25 billion in assets, which is a 171.6% collateral ratio.
How Many Decentralized USD (USDD) Tokens Are in Circulation?
Like many other stablecoins, USDD does not have a total supply. Meanwhile, its circulating supply is 725,332,036.
How to Buy Decentralized USD (USDD)
Consider investing in Decentralized USD (USDD)? It only takes 2 minutes to create an account on Bitget and start trading USDD.
Check out the available USDD trading pairs on Bitget!
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Decentralized USD (USDD) Resources
Simple 3-step guide to buying USDD today in Saudi Arabia
Create your free Bitget account
Select a funding method
Complete your Decentralized USD purchase
Step 1: Create a free account on the Bitget website or the app
Step 2: Place an order for Decentralized USD using a payment method of your choice:
Buy Decentralized USD with a debit/credit card
For Visa or Mastercard, select Credit/Debit card, then click Add New Card under the "Buy" tab
Credit/Debit in the Buy Crypto tab of the Bitget app
Credit/Debit in the Buy Crypto tab of the Bitget websiteSelect your preferred fiat currency, enter the amount you wish to spend, link your credit card, and then complete your payment with zero fees.
Add a new card to complete your payment on the Bitget app
Enter your bank card details to complete your payment on the Bitget websiteFor Diners Club/Discover card, click Buy Crypto > [Third Party] in the top navigation bar to place your Decentralized USD order.
How to buy crypto with credit/debit cardBuy Decentralized USD with Google Pay or Apple Pay
Converting your Google Pay and Apple Pay balance into Decentralized USD is easy and secure on Bitget. Simply click Buy Crypto > [Third Party] in the top navigation bar to place your Decentralized USD order.How to buy crypto via third-party gatewayBuy with bank transfer
We accept various payment methods, including iDeal and SEPA for EUR, PIX for BRL, PayID for AUD, UPI for INR, QRIS, DANA, and OVO for IDR, SPEI for MXN, and GCash for PHP. These services are facilitated by Alchemy Pay, Banxa, Mercuryo, and Simplex payment gateways. Simply select Buy Crypto > [Third Party] in the top navigation bar and select a fiat currency to place your Decentralized USD order.Buy Decentralized USD with the fiat balance in your Bitget account
You can Deposit fiat funds using Advcash, SEPA, Faster Payments, or PIX payment gateways to top up your Bitget fiat balance. Then, click Buy Crypto > [Cash conversion] in the top navigation bar to place your Decentralized USD order.P2P trading
With Bitget P2P, you can buy crypto using over 100 payment methods, including bank transfers, cash, and e-wallets like Payeer, Zelle, Perfect Money, Advcash, and Wise. Simply place an order, pay the seller, and receive your crypto. Enjoy secure transactions with escrow protection.How to buy crypto on Bitget P2P
Step 3: Monitor Decentralized USD in your Bitget spot wallet
Bitget—where the world trades Decentralized USD
How to buy Decentralized USD for free
- Learn how to earn Decentralized USD for free through the Learn2Earn promotion
- Earn free Decentralized USD by inviting friends to join Bitget's Assist2Earn promotion
- Receive free Decentralized USD airdrops by joining On-going challenges and promotions
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FAQ
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The desert kingdom that is Saudi Arabia has known during the last two millennia two epochs of light, two golden ages. Saudi Arabia is the leading oil-producing country in the world. The country is also known for its hot and desert climate. English is widely used, while other languages spoken in the kingdom are Indonesian, Somali, Tagalog, Urdu, and Western Persian. The local currency is Saudi Riyal (SAR).
The surface of the Saudi territory is mainly occupied by deserts. However, the country shows very different faces. In the south, the Sarawat mountains are green. In the center, the Nadj is a steep region. The West and the North are covered with lava that creates huge sandy areas. The country is bathed by the Red Sea on its western part and the Persian Gulf on the east. Saudi Arabia covers more than 45% of the Arabian Peninsula. Some rivers cross the country. However, in the dry season, they are completely dried up.
Saudi Arabia's economy is mainly based on oil. It is, to this day, the leading producer of black gold, with more than a quarter of the world's total production locked up in its subsoil. Tourism is also an actor that plays an increasingly important role. In addition to pilgrimages, the country welcomes more and more travelers and can thus diversify its economy.
Whether you're in Medina, Mecca, Jeddah, Riyadh, or anywhere in Saudi Arabia, you can buy cryptos easily on Bitget. Bitget is one of the most secure cryptocurrency exchange platforms that acquired U.S. MSB License, Canada MSB License, and Australian (DCE) License to ensure you have the safest trading experience.