sUSD Achieves Market Capitalization of $50.87 Million (SUSD)

sUSD (SUSD) traded 0.1% lower against the US dollar during the 1-day period ending at 12:00 PM E.T. on April 30th. One sUSD token can currently be bought for about $0.99 or 0.00001642 BTC on popular exchanges. In the last seven days, sUSD has traded down 0.3% against the US dollar. sUSD has a market capitalization of $50.87 million and approximately $3.16 million worth of sUSD was traded on exchanges in the last day.

Here is how similar cryptocurrencies have performed in the last day:

• KILT Protocol (KILT) traded down 4.3% against the dollar and now trades at $0.28 or 0.00000467 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 up 1.9% against the dollar and now trades at $95.84 or 0.00338062 BTC.
• BitcoinBR (BTCBR) traded 84.8% higher against the dollar and now trades at $0.0000 or 0.00000000 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 0.6% higher against the dollar and now trades at $0.0095 or 0.00000016 BTC.

About sUSD

sUSD’s launch date was June 11th, 2018. sUSD’s total supply is 51,193,296 tokens. sUSD’s official website is www.synthetix.io. 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.

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 currently possible to purchase alternative cryptocurrencies such as sUSD directly using U.S. dollars. Investors seeking to acquire sUSD should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as GDAX, Gemini or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase sUSD using one of the aforementioned exchanges.

SUSD/USD price chart by TradingView