sUSD (SUSD) Market Cap Reaches $37.15 Million

sUSD (SUSD) traded 1.6% lower against the U.S. dollar during the 1 day period ending at 7:00 AM E.T. on December 31st. One sUSD token can now be purchased for about $0.85 or 0.00000960 BTC on popular exchanges. sUSD has a total market capitalization of $37.15 million and $157.41 thousand worth of sUSD was traded on exchanges in the last day. Over the last seven days, sUSD has traded down 4.6% against the U.S. dollar.

Here is how other cryptocurrencies have performed over the last day:

• Aidi Finance (BSC) (AIDI) traded down 2.2% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded 2.2% lower against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded down 2.2% against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Hokkaidu Inu (HOKK) traded up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Jeff in Space (JEFF) traded 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• SolvBTC (SOLVBTC) traded up 1.2% against the dollar and now trades at $88,713.82 or 0.99849551 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 1.2% higher against the dollar and now trades at $88,059.06 or 0.99682024 BTC.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

About sUSD

sUSD’s genesis date was June 11th, 2018. sUSD’s total supply is 43,543,187 tokens. The Reddit community for sUSD is https://reddit.com/r/synthetix_io and the currency’s Github account can be viewed here. sUSD’s official message board is blog.synthetix.io. sUSD’s official Twitter account is @synthetix_io and its Facebook page is accessible here. The official website for sUSD is www.synthetix.io.

According to CryptoCompare, “sUSD is a stablecoin that scales while avoiding the risks of centralized off-chain assets will be a huge benefit for the entire trading ecosystem. It will provide fast interexchange settlement, stable trading against ERC-20 assets, and a safe place to park value without the need to settle into fiat. The network is built on the Ethereum blockchain and it employs two tokens, both of which are ERC20 compatible. The Havven network has been released as an open source protocol so that anyone can integrate with it, including exchanges and decentralized platforms.”

Buying and Selling sUSD

It is usually not currently possible to purchase alternative cryptocurrencies such as sUSD directly using US dollars. Investors seeking to acquire sUSD should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as GDAX, Gemini or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase sUSD using one of the aforementioned exchanges.

SUSD/USD price chart by TradingView