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TürkçeUsual USD Information
Usual USD is a stablecoin designed to maintain a 1:1 peg with the US dollar, offering a reliable option for traders seeking stability amidst the volatility of the broader cryptocurrency market. Its integration on multiple blockchain platforms makes it a versatile tool for decentralized finance applications, fostering increased adoption and utility. With a transparent reserve management system, Usual USD aims to build trust and confidence among its users, ensuring it's a dependable choice for digital asset transactions.
Understanding Usual USD: A Stable Alternative in the Volatile Crypto Market
Usual USD, often denoted by its symbol usd0, has emerged as an interesting player in the stablecoin segment of the cryptocurrency market. With a current price hovering around $1.001, it garners attention for maintaining closely pegged value to the US Dollar while offering some unique benefits and challenges.
Historical Performance: Stability Above All
Since its inception, Usual USD has shown a relatively stable performance, making it attractive to investors looking for shelter from market volatility. The coin reached its All Time High of $1.33 in July 2024, which signifies a deviation from its stablecoin norms but also underscores its potential benefits during certain market conditions. Its All Time Low came soon after in August 2024, with a price of $0.976542, reinforcing its capability to correct itself and bounce back to its intended value.
Advantages of Usual USD
One of the primary advantages of Usual USD is its stability, which mirrors that of other fiat-pegged coins like USDT or USDC. This stability makes it desirable for those looking to protect their assets from the swings of the crypto market. Additionally, its fully circulating supply matches its total supply, enhancing transparency and possibly reducing risks of inflation common in other less regulated digital currencies. The significant daily trading volume and an ample market capitalization above $356 million also contribute to its reliability and usability in daily transactions.
Challenges and Drawbacks
Despite the advantages, Usual USD faces several challenges intrinsic to stablecoins. Regulatory scrutiny is one, as governments and financial institutions continue to assess the role of stablecoins in markets and economies. Consumer trust is paramount as any transparency or operational misstep can have significant implications on the coin’s stability. Additionally, lingering concerns about its responsiveness in extreme market conditions and liquidity management remain at the forefront.
Future Outlook: Navigating the Crypto Landscape
Looking ahead, Usual USD is poised to deepen its footprint in the crypto exchange world, possibly expanding its use cases in DeFi platforms and cross-border transactions. Its future success hinges on maintaining stability, scaling efficiently, and navigating regulatory landscapes effectively. As blockchain technology and cryptocurrency continue to evolve, Usual USD might innovate new solutions that capitalize on its stablecoin foundation while addressing users’ changing needs.
In conclusion, while Usual USD carries the promise of stability and reliability, understanding the wider dynamics of its ecosystem is essential for potential investors and users. As with any cryptocurrency, staying informed and vigilant about market and regulatory developments is crucial.
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from price
$1
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General Information |
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Title
Usual USD
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Symbol
usd0
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Whitepaper
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Website
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Community
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Last Updated
2025-01-21 23:51
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Price Data |
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Current Price $
0.998721
$
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High 24h
1.004
$
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Low 24h
0.986128
$
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Price Change 24h
0.00635906
$
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Price Change % 24h
0.6408
%
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Market Data |
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Market Cap
1244632864
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Total Volume
49689161
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Market Cap Change 24h
-15758987.928153
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Market Cap Change % 24h
-1.25032
%
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Return on Investment (ROI)
-
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Supply and Availability |
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Circulating Supply
1245279590.6528
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Total Supply
1245279590.6528
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Max Supply
-
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Historical Data |
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All Time High (ATH)
1.33
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ATH Change %
-24.62537
%
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ATH Date
2024-07-12 08:28
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All Time Low (ATL)
0.976415
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ATL Change %
2.3378
%
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ATL Date
2025-01-20 17:07
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