The current price of USD Open Dollar (USDO) is $ 0.29010400.
USD Open Dollar (USDO) is a form of cryptocurrency that operates on a blockchain network. It uses cryptographic technology to secure transactions and control the creation of additional units. As its name suggests, USDO is typically pegged to the U.S. dollar, providing stability in the highly volatile cryptocurrency market.
Data on who specifically created USD Open Dollar is not available. However, the general motivation behind the creation of stablecoins such as USDO is to offer the benefits of digital currency, such as speed and security, without the extreme price volatility associated with other cryptocurrencies.
Unlike most cryptocurrencies, USD Open Dollar is a stablecoin. Its value is directly pegged to the US dollar, making it less susceptible to the dramatic price fluctuations seen in other cryptocurrencies. This stability positions USDO as an effective means of exchange and a reliable store of value within the crypto ecosystem.
The current circulating supply of USD Open Dollar (USDO) is .
The current market capitalization of USD Open Dollar (USDO) stands at $ , placing it at rank #1 in the global cryptocurrency market.
In the last 24 hours, the price of USD Open Dollar has increased by +0.00%. The 24-hour trading volume has been 1.2K.
The safest places to purchase USD Open Dollar (USDO) are on the listed . Each of these platforms provide a secure and efficient interface for buying and trading USDO.
After purchasing your USD Open Dollar, you can securely store it in a crypto wallet. This can be a software wallet on your computer or mobile device, or a hardware wallet for offline storage. Remember to use reputable wallets with strong security measures to protect your assets.
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