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USD Freedom USDF
We lack of accurate trading data.
This could be attributed to several reasons, including limited exchange liquidity or delisting. Or might be due unable to provide support for exchanges where this asset is currently tradable.
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About USDF
USD Freedom (USDF) is a stablecoin that is designed to provide users with a low-volatility asset for trading and other activities on the blockchain. It is a 100% fiat-backed U.S. dollar stablecoin issued by YIELD. For every unit of USDF, there is one U.S. dollar held in reserve. The supply and value of USDF are audited monthly by leading institutions to ensure a 1:1 peg to the USD. USDF supports multi-network transactions on Bitazza Global and can be collateralized using USD or other stablecoins. It also offers features such as long-term savings to earn yield and the ability to acquire loans with installment payments. Additionally, USDF provides cashless transactions with special discounts, rewards, and perks from participating merchants.
What makes USD Freedom unique?
USD Freedom (USDF) is unique compared to other cryptocurrencies in several ways:
1. Stability: USDF is a stablecoin designed to offer users a low-volatility asset. For every unit of USDF, there is one U.S. dollar held in reserve, ensuring a 1:1 peg to the USD. This stability makes it a reliable medium of exchange and store of value.
2. Fiat-backed: USDF is 100% fiat-backed, meaning that it is collateralized using USD. This provides users with the confidence that their USDF holdings are backed by real-world assets.
3. Multichain: USDF supports multi-network transactions on various blockchain networks, including BEP20, TRC20, ERC20, AVAX C-Chain, Polygon, and Solana. This multichain capability enhances interoperability and allows for seamless transactions across different networks.
4. Audited supply/value: The supply/value of USDF is audited monthly by leading institutions. This regular auditing ensures transparency and verifies that the 1:1 peg to the USD is maintained.
5. Versatility: USDF can be used for various purposes. It can be used for trading and other activities directly on the blockchain. It can also be locked as long-term savings to earn yield or pledged as collateral to acquire a loan.
6. Discounts and perks: By using USDF for cashless transactions, users can enjoy special discounts, rewards, and perks from participating merchants. This feature adds value and incentivizes the use of USDF in everyday transactions.
Overall, USD Freedom's combination of stability, fiat-backing, multichain compatibility, auditing, versatility, and additional benefits make it unique compared to other cryptocurrencies.