Details about Universal Dollar cryptocurrency
Universal Dollar
U8D
Unknown for now
€0
63,680
1
Unknown
https://u8d.finance/
@u_8_d
Universal Dollar price charts
U8D exchanges
Universal Dollar, the crypto
Universal Dollar (U8D) is a cryptocurrency that aims to provide stability in value by being pegged to the US dollar. It is built on the Ethereum blockchain and operates as an ERC-20 token.
The point
The main point of Universal Dollar (U8D) is to offer users a stable coin that is not subject to the volatility of the cryptocurrency market. It is designed to maintain a 1:1 ratio with the US dollar, meaning that 1 U8D will always be worth 1 USD.
The problem
Universal Dollar (U8D) aims to solve the problem of cryptocurrency volatility by providing a stable coin that users can rely on for transactions and value storage without the fear of sudden price fluctuations. Its stability can also make it an attractive option for merchants looking to accept cryptocurrency payments without the risk of losing value due to market volatility.
Compare U8D and BTC performance
| Timeframe | U8D | BTC |
|---|---|---|
| 1h change | 0 % | 0.275037 % |
| 24h change | 0 % | 1.05511 % |
| 7 day change | 0 % | 1.71708 % |
| 14 day change | 0 % | -7.61859 % |
| 30 day change | 1.44 % | -6.80856 % |
| 200 day change | -97.61 % | 129.346 % |
| Year change | 0 % | 139.298 % |