Usdq
Market Open
9 Jun, 15:20
$
0. 999900
-0.0006
-0.06%
$
7,832 Volume
$ 1.0005
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USDQUSD Overview
USDQUSD denotes the market price of Usdq (USDQ) expressed in US dollars, indicating how many USD are required to purchase one USDQ token. It functions as the exchange rate used by traders and platforms when converting between USDQ and fiat USD.
Usdq (USDQ) is a blockchain-based stablecoin introduced in 2019 by the Q DAO project on the Waves platform. The token was designed to track the value of the US dollar and employs smart-contract mechanisms, collateralization and governance rules to preserve parity. USDQ’s architecture emphasizes decentralized issuance and redemption through protocol-specific processes rather than relying on a single custodial reserve.
The USDQUSD rate is shaped by the interaction of supply and demand across centralized and decentralized venues, liquidity provision, arbitrage activity and market sentiment. Macro factors such as dollar strength, interest rates and broader crypto market volatility also influence short-term deviations. Exchange order books, spreads and the depth of liquidity pools determine how closely the token trades to its peg.
USDQUSD is used by traders and investors as a dollar-denominated reference, for hedging crypto exposure, settling trades and providing liquidity in decentralized finance strategies. While intended to be stable, USDQ can exhibit transient volatility and its practical liquidity varies by exchange listing and market conditions.
Usdq (USDQ) is a blockchain-based stablecoin introduced in 2019 by the Q DAO project on the Waves platform. The token was designed to track the value of the US dollar and employs smart-contract mechanisms, collateralization and governance rules to preserve parity. USDQ’s architecture emphasizes decentralized issuance and redemption through protocol-specific processes rather than relying on a single custodial reserve.
The USDQUSD rate is shaped by the interaction of supply and demand across centralized and decentralized venues, liquidity provision, arbitrage activity and market sentiment. Macro factors such as dollar strength, interest rates and broader crypto market volatility also influence short-term deviations. Exchange order books, spreads and the depth of liquidity pools determine how closely the token trades to its peg.
USDQUSD is used by traders and investors as a dollar-denominated reference, for hedging crypto exposure, settling trades and providing liquidity in decentralized finance strategies. While intended to be stable, USDQ can exhibit transient volatility and its practical liquidity varies by exchange listing and market conditions.
USDQUSD Chart
USDQUSD FAQ
What is the current Usdq price?
The current price is $0.999900, based on the latest trades across major cryptocurrency exchanges.
What does the price change mean?
The price has changed by -0.0006 (-0.06%), showing how much the asset has moved compared to the previous close.
What is the previous close for Usdq?
The previous close was $1.000500, which serves as a reference point to measure daily performance.
How is the daily change percentage calculated?
The change percentage (-0.06%) is calculated based on the difference between the current price and the previous closing price.
What does the daily range show?
The range reflects the lowest ($0.994000) and highest ($1.000500) prices traded during the selected period, helping assess volatility.
Why is Usdq (USDQ) moving today?
Price movements in Usdq are driven by market sentiment, trading volume, news, adoption, and overall crypto market conditions.
Is the current trend bullish or bearish?
If the current price ($0.999900) is below the previous close ($1.000500), it indicates upward momentum. If below, it suggests a downward trend.
Where can I see live charts for Usdq?
You can view real-time charts, price updates, and market data for Usdq (USDQ) directly on this page.
