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USDP Stablecoin($USDP)
$0.98386
Low $0.0
High $0.0
What is USDP Stablecoin?
USDP is a decentralized, unbiased stablecoin soft-pegged to the US Dollar, backed by collateral stored in the Unit Protocol. Users can mint USDP by locking any acceptable crypto asset as collateral and borrowing the stablecoin, providing li...
USDP is a decentralized, unbiased stablecoin soft-pegged to the US Dollar, backed by collateral stored in the Unit Protocol. Users can mint USDP by locking any acceptable crypto asset as collateral and borrowing the stablecoin, providing liquidity without selling their assets. Repayment of the debt and withdrawal of collateral can be done at any time and USDP is destroyed when loans are paid back. USDP aims to maintain a $1.00 USD value, is redeemable and exchangeable, and provides flexibility and utility as a stable store of value during volatile markets and as a medium for peer-to-peer transactions.
Issuance Blockchain
Ethereum
Tags
Funds
Influencers
Twitter Mentions
9 mentions
1 mentions
CoinScouts Grade
Market Statistics
Volume
$26,394.00
Market Cap
$2,866,381.00
Fully Diluted
$2,866,381.66
Market cap Value
0.92 %
Circulating Supply
2,913,404
Max Supply
2,913,404
Total Supply
2,913,404
% of Max Supply
100.00%Self Reporting
Self-Reporting Dashboard (SRD)
Statistics
USDP Stablecoin Statistics
Name
USDP StablecoinTicker
USDPPrice
$0.9838624 Hour Trading Volume
$26,394.0024 Hour Volume Change
0.00%Market cap
$2,866,381.0024 Hour Market Cap Change
0.00%Fully Diluted Market Cap
$2,866,381.66Price change 24 hour
-0.52%Price change 7 days
0.00%Price change 14 days
-1.38%Price change 30 days
2.11%All Time Low/High
$0.699723 | $1.41Percentage Change Since All Time High
-30.05%Percentage Change Since All Time Low
40.61%Market cap rank
#1538Volume / Market Cap
0.00921Issuance Blockchain
EthereumCirculating Supply
2,913,404 (100.00%)Max Supply
2,913,404Total Supply
2,913,40424h Volatility
$0.25Twitter Followers
0Telegram Users
1,167Reddit Subscribers
0Github subs
15Github issues
10USDP Stablecoin Markets
Upcoming USDP Stablecoin Events
No upcoming events for USDP Stablecoin known.
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Twitter of USDP Stablecoin unknown.
USDP Stablecoin News
Stablecoin Market Sees Fluctuations With Some Coins Gaining and Others Reducing Supply
According to statistics, on March 26, the stablecoin economy was valued at $135 billion, with the top stablecoins representing $31.8 billion or 75% of the $42.17 billion in 24-hour global trade volume across th...Read full story
y Bitcoin
Last updated 6 days ago
Neutral
Less than $30B of stablecoins now sit on exchanges, wiping out all of 2022's gains
Definition The total amount of coins held on exchange addresses....Read full story
y CryptoSlate
Last updated 16 days ago
Bearish
Stablecoin Market Sees Fluctuations With Some Coins Gaining and Others Reducing Supply
According to statistics, on March 26, the stablecoin economy was valued at $135 billion, with the top stablecoins representing $31.8 billion or 75% of the $42.17 billion in 24-hour global trade volume across th... Read full story
By Bitcoin | Last updated 6 days ago |
Neutral
Less than $30B of stablecoins now sit on exchanges, wiping out all of 2022's gains
Definition The total amount of coins held on exchange addresses.... Read full story
By CryptoSlate | Last updated 16 days ago |
Bearish
In the Wake of Bank Collapses, Are Stablecoins Really That Stable?
The cryptocurrency market has been rattled by the recent collapse of SVB and the subsequent depegging of stablecoins. This incident has highlighted the need for greater transparency and accountability from stab... Read full story
By BeInCrypto | Last updated 18 days ago |
Bearish
Paxos Dollar (USDP) Briefly Loses Peg as NYDFS Reportedly Probes the Platform
The USDP stablecoin lost its peg briefly on Feb. 10 after falling to $0.98. The New York Department of Financial Services (NYDFS) is reportedly probing Paxos.... Read full story
By BeInCrypto | Last updated 1 month ago |
Bearish
Pasox Proposes a Plan to Leading DeFi Protocol MakerDAO to Boost its USDP
Paxos, the company that issues Stablecoins, has come forward with a new proposal in which it suggests the payout of monthly marketing fees to MakerDAO, the top decentralized finance (DeFi) protocol, to boost th... Read full story
By Coinnounce | Last updated 2 months ago |
Bullish