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Round Dollar

Round Dollar RD Price N/A

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Stablecoin

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

The Round Dollar to USD chart is designed for users to instantly see the changes that occur on the market and predicts what will come next.

Additional Data

ATH Market Cap

$ 1.18M

Total Supply

RD 16,165

Listing Date

16 Sep 2021

All Time High

$ 73.20

28 Sep 2021


All Time Low

$ 12.44

6 Jan 2023

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.

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