USDA

USDA Price

About USDA (USDA)

USDA is a fully compliant stablecoin issued by the AP Web3 ecosystem, designed to provide a secure digital payment and asset settlement infrastructure.

• The token is anchored at a 1:1 ratio with the US Dollar to ensure price stability.
• USDA integrates with FDIC protection to provide users with insurance on their holdings.
• The asset is built for native cross-chain interoperability, allowing seamless transfers across different blockchain networks.

What Is USDA

USDA is a digital asset designed to combine the stability of fiat currency with the transparency of blockchain technology. It serves as a foundational layer for the AP Web3 ecosystem, facilitating global payments and asset settlement. Value moves through the system as users mint or acquire USDA to engage in digital commerce or preserve capital in a non-volatile format.

The token is put to work as a medium of exchange for everyday transactions, cross-border payments, and as a liquidity source within decentralized finance (DeFi) ecosystems. As the ecosystem grows, USDA scales by expanding its cross-chain availability and integration into various payment platforms, including the AP U-Card system which bridges on-chain assets with real-world consumption.

What Makes USDA Unique

• FDIC Protection Integration: USDA claims to incorporate FDIC protection, a feature intended to reduce risk for users by mirroring the security of traditional bank deposits.
• Regulatory Focus: The asset is issued by a regulated entity within the AP Web3 ecosystem and is designed to meet high standards of regulatory compliance and accountability.
• On-Chain Auditing: USDA leverages blockchain transparency to provide auditing capabilities, allowing users to independently verify the reserves backing the token.
• Native Interoperability: Unlike many stablecoins that rely on bridges, USDA is designed for native compatibility across multiple chains to enhance liquidity and accessibility.

What Can You Use USDA for?

USDA is pegged to the US Dollar. Based on the project's documentation, it can be utilized for the following purposes:

1. Value retention: The asset allows users to hold a digital representation of the US Dollar on-chain, which may reduce exposure to the volatility inherent in the broader cryptocurrency market.
2. Yield generation: While the source does not specify unique native yield mechanisms, it notes that USDA can be integrated into a wider range of DeFi applications for lending and liquidity provisioning.
3. Cross-border settlement / value transfer: USDA is capable of facilitating international remittances and global trade by allowing frictionless transfers of US Dollar value across borders.
4. Collateralization: The token is designed for use as backing within borrowing and lending protocols or as margin for various digital asset services.

How Does USDA Work?

USDA operates using a 1:1 anchoring mechanism where each token is intended to be backed by an equivalent amount of US Dollar reserves. These reserves are subject to regular audits to ensure the peg is maintained and that the system remains fully collateralized. The technical infrastructure is built on the BNB Smart Chain, utilizing secure smart contracts to handle minting and redemption processes.

Transactions involving USDA involve protocol service fees, which help maintain the infrastructure and security of the settlement network. The asset's cross-chain architecture ensures that it can move between supported networks without compromising its stability or security features.

Team Info and Investors

USDA is issued and managed by the AP Web3 ecosystem. The project focuses on building compliant payment bridges, such as the AP U-Card, which connects digital assets to the Visa and Mastercard networks. While specific individual founder names are not detailed in the available sources, the ecosystem is documented as a regulated entity focused on secure and compliant financial infrastructure.

Where can you buy USDA?

USDA tokens can be traded on decentralized exchanges. The most popular exchange to buy and trade USDA is PancakeSwap (v2), where the most active trading pair APD/USDA has a trading volume of $19,806.90 in the last 24 hours.

What is the daily trading volume of USDA (USDA)?

The trading volume of USDA (USDA) is $32,510.88 in the last 24 hours, representing a 116.10% increase from one day ago and signalling a recent rise in market activity. Check out CoinGecko’s list of highest volume cryptocurrencies.

What is the highest and lowest price for USDA (USDA)?

USDA (USDA) reached an all-time high of $1.19 and an all-time low of $0.5906. It’s now trading -26.60% below that peak and 48.20% above its lowest price.

What is the market cap of USDA (USDA)?

Market capitalization of USDA (USDA) is $76,109,249 and is ranked #361 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of USDA tokens (87 Million tokens are tradable on the market today).

What is the fully diluted valuation of USDA (USDA)?

The fully diluted valuation (FDV) of USDA (USDA) is $76,109,249. This is a statistical representation of the maximum market cap, assuming total number of 87 Million ETH tokens are in circulation today.

How does the price performance of USDA compare against its peers?

With a price decline of -2.50% in the last 7 days, USDA (USDA) is underperforming the global cryptocurrency market which is up 3.40%, while underperforming when compared to similar Stablecoins cryptocurrencies which are up 0.70%.

How to add USDA (USDA) to MetaMask?

Adding USDA (USDA) to MetaMask allows you to view your token holdings, trade on decentralized exchanges, and more. To add them, you’ll need to import USDA as a token. You can copy USDA’s contract address (0x17eafd08994305d8ace37efb82f1523177ec70ee) and import it manually, or if you've installed MetaMask's chrome extension, add USDA to MetaMask with one click on CoinGecko.

Add USDA to MetaMask.