Details about Demeter USD cryptocurrency
€2
39,103,449
0
Unknown
https://demeter.xyz/
@demetervip
767935x
€30161.4
Demeter USD price charts
DUSD exchanges
Demeter USD, the crypto
Demeter USD (DUSD) is a stablecoin on the Ethereum blockchain that tracks the United States dollar (USD) and aims to provide a secure and reliable medium of exchange, store of value, and unit of account.
The point
The main point of Demeter USD (DUSD) is to provide stability and predictability to the cryptocurrency market by offering a stablecoin that is pegged to the value of the USD. This makes it an attractive option for traders and investors who want to protect their assets from market volatility.
The problem
Demeter USD (DUSD) tries to solve the problem of cryptocurrency volatility by providing a stablecoin that is pegged to the value of the USD. This makes it a reliable and secure medium of exchange, store of value, and unit of account, and helps to overcome the high price volatility associated with other cryptocurrencies.
Compare DUSD and BTC performance
| Timeframe | DUSD | BTC |
|---|---|---|
| 1h change | 0 % | -0.113414 % |
| 24h change | 0 % | 0.280879 % |
| 7 day change | 1.25 % | -1.26201 % |
| 14 day change | -4.27 % | -9.72239 % |
| 30 day change | -5.59 % | -7.76318 % |
| 200 day change | 67.26 % | 126.331 % |
| Year change | 24.48 % | 132.257 % |