sUSD (SUSD) Reaches Market Capitalization of $50.89 Million

sUSD (SUSD) traded 0% lower against the US dollar during the twenty-four hour period ending at 12:00 PM ET on May 4th. sUSD has a total market capitalization of $50.89 million and approximately $652,120.57 worth of sUSD was traded on exchanges in the last day. One sUSD token can currently be bought for $0.99 or 0.00001561 BTC on major cryptocurrency exchanges. In the last seven days, sUSD has traded 0.2% lower against the US dollar.

Here’s how other cryptocurrencies have performed in the last day:

• KILT Protocol (KILT) traded down 0.4% against the dollar and now trades at $0.30 or 0.00000468 BTC.
• Aidi Finance (BSC) (AIDI) traded down 2.2% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded down 2.2% against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded down 2.2% against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Kitty Inu (KITTY) traded 1.9% higher against the dollar and now trades at $95.84 or 0.00338062 BTC.
• Hokkaidu Inu (HOKK) traded up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Lego Coin (LEGO) traded flat against the dollar and now trades at $0.0086 or 0.00000013 BTC.
• Jeff in Space (JEFF) traded down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded up 0.2% against the dollar and now trades at $0.0101 or 0.00000016 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

About sUSD

sUSD’s launch date was June 11th, 2018. sUSD’s total supply is 51,272,792 tokens. The official message board for sUSD is blog.synthetix.io. The Reddit community for sUSD is https://reddit.com/r/synthetix_io and the currency’s Github account can be viewed here. sUSD’s official Twitter account is @synthetix_io and its Facebook page is accessible here. sUSD’s official website is www.synthetix.io.

According to CryptoCompare, “sUSD is a stablecoin built on the Ethereum blockchain that enables fast interexchange settlement, stable trading against ERC-20 assets, and a safe place to park value without needing to settle into fiat. The Havven network, which sUSD is a part of, is an open source protocol that allows for integration with various exchanges and decentralized platforms. It employs two ERC20 compatible tokens.”

Buying and Selling sUSD

It is usually not possible to purchase alternative cryptocurrencies such as sUSD directly using U.S. dollars. Investors seeking to trade sUSD should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as GDAX, Coinbase or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase sUSD using one of the aforementioned exchanges.

SUSD/USD price chart by TradingView