$USD1 /USD
which likely represents a stablecoin (USD1) pegged to the US dollar, being traded against Tether (USDT) — another stablecoin.
🔍 Summary of the Trading Data:
Metric Value
Current Price 1.0000 USDT
Price Change $1 -0.01%
24h High 1.0004 USDT
24h Low 0.9994 USDT
24h Volume (USD1) 5.64 million
24h Volume (USDT) 5.64 million
📈 Interpretation:
Stability: The price is extremely stable, fluctuating within a tight band (1.0004 to 0.9994). This is typical for stablecoins, which aim to stay near $1.
Volume: $5.64M in 24h is a decent volume, showing healthy liquidity.
Exchange: The pair is traded on Binance.
🧠 Key Points:
USD1 is a stablecoin — now confirmed to exist on the TRON blockchain (as per “First USD1 Minted on TRON Blockchain”).
The pair USD1/USDT is essentially stablecoin vs. stablecoin, so movements are expected to be minimal and mostly influenced by:
Arbitrage between exchanges
Market liquidity
Temporary depegs or volatility events
If you need:
Technical analysis (though it's limited for stablecoins),
On-chain data for USD1,
Arbitrage strategies for stablecoin trading,
Let me know!
buy and trade here on $USD1
