Details about dForce USD cryptocurrency
€15,348,423 ( 1.05758%)
€25,852
161,535,659
16,093,448
1
Unknown
https://dforce.network/
@dForcenet
76851x
€73285.4
dForce USD price charts
USX exchanges
dForce USD, the crypto
dForce USD (USX) is a stablecoin that is pegged to the value of the US Dollar. It is issued by the dForce network, a decentralized finance platform built on the Ethereum blockchain.
The point
The main point of dForce USD (USX) is to provide users with a stable and reliable cryptocurrency that is pegged to the value of the US dollar. This allows users to easily store and transact with a digital asset that maintains a stable value, without having to worry about the volatility that is common with other cryptocurrencies.
The problem
The main problem that dForce USD (USX) tries to solve is the issue of volatility in the cryptocurrency market. By creating a stablecoin that is pegged to the US dollar, it provides users with a reliable and stable asset that can be used for everyday transactions and which retains its value over time, regardless of market fluctuations.
Compare USX and BTC performance
| Timeframe | USX | BTC |
|---|---|---|
| 1h change | -0.104326 % | -0.234911 % |
| 24h change | 1.16 % | 1.25967 % |
| 7 day change | 1.78 % | -1.44157 % |
| 14 day change | -4.58 % | -9.47799 % |
| 30 day change | -8.4 % | -7.33786 % |
| 200 day change | -6.17 % | 129.168 % |
| Year change | 5.1 % | 129.33 % |