Currencies33241
Market Cap$ 3.41T+5.91%
24h Spot Volume$ 109.87B+32.6%
DominanceBTC59.91%-2.24%ETH8.31%+13.5%
ETH Gas3.60 Gwei
Cryptorank
MainCurrenciesRound Dollar
Open report modalReport issue
Round Dollar

Round Dollar RDPrice N/A

RD Price

N/A

General Info

Contracts/Explorers:

Explorers

Tags (Sub-Categories):

# Inactive

Description

Round Dollar is a revolutionary synthetic stablecoin pegged to the value of a basket of mainstream Asian currencies

Round Dollar (RD) Chart

Round Dollar price Index provides the latest RD price in US Dollars , BTC and ETH using an average from the world's leading crypto exchanges.

Additional Data

ATH Market Cap

$ 1.18M

Total Supply

RD 16,165

All Time High

$ 73.20

28 Sep 2021


All Time Low

$ 12.44

6 Jan 2023

Trending Round Dollar Fiat Pairs

What is Round Dollar (RD)?

Round Dollar is a revolutionary synthetic stablecoin pegged to the value of a basket of mainstream Asian currencies. One RD is equivalent to 47 CNH + 550 JPY + 25 HKD. With fiat currencies deposited for a subscription of RD placed into the custody of third-party trusts for safekeeping, which is subject to monthly audits and public disclosures, RD is regarded as a safe and well-accepted stablecoin for transactional uses and storage of values. Compared with stablecoins pegged to a single currency (e.g. USD), RD has the advantage of reduced foreign exchange rate risk, particularly for Asian users.

Round Dollar is based on the open-source Tron and/or Ethereum public chain, which is divided into three layers: the underlying service, the core layer, and the top-level application.

Primary usages of Round Dollar

  • A medium through which value can be exchanged within the crypto world as well as between the fiat and crypto worlds is essential – RD can bridge that gap
  • RD as a medium for trade settlement increases the efficiency of cross-border trade by avoiding redundant intermediaries. It also reduces foreign exchange rate risk for both importers and exporters
  • RD’s value is pegged with a basket of major Asian currencies, making it an effective denomination for Defi.

Trending Coins and Tokens Flame icon