Ring USD

USDR

$1.07

+0.16%

Ring USD price

Not enough price history for this period yet.

Buy Ring USD with iDEAL or Wero

Buy Ring USD easily with iDEAL or Wero through regulated exchanges that comply with European crypto legislation (MiCA). The exchanges below hold the required licences and are supervised by authorities such as the Dutch Authority for the Financial Markets (AFM):

How do I buy Ring USD?

Buying Ring USD through a regulated crypto exchange is straightforward and secure:

  1. Create an account: Sign up with a trusted exchange or broker of your choice.
  2. Verify your identity (KYC): Under EU law, a one-time identity check is mandatory.
  3. Deposit euros: Use your preferred payment method, such as iDEAL or Wero, to fund your account.
  4. Buy Ring USD: Go to the Ring USD page on the exchange and place your order.

Keep in mind that crypto prices are volatile and transaction fees always apply. After your purchase, Ring USD appears in your exchange wallet. You can keep assets there to trade, or withdraw to your own (hardware) wallet for extra security.

Ring USD margin trading

Want more exposure from your position? On exchanges such as Bitvavo you can trade Ring USD on margin. Trading with borrowed assets increases your position size, but the risks are higher: with margin trading you can lose your stake faster than with spot trading.

Frequently asked questions about Ring USD

Answers auto-summarised from live price and sentiment data for Ring USD.

Ring USD (USDR) is a stablecoin designed to maintain a value pegged to the US Dollar. It aims to provide a stable medium of exchange and store of value within the cryptocurrency ecosystem.

The current price of Ring USD is $0.9552. This value can fluctuate based on market dynamics and trading activity.

In the past 24 hours, the price of Ring USD has changed by +0.16%. This indicates recent market movement for the stablecoin.

The all-time high price for Ring USD is $1.04. This represents the highest value it has reached since its inception.

Ring USD has a market capitalization of $95,912,045.89 and is currently ranked {{market_cap_rank}}. These metrics reflect its overall market presence and size.

The recent news sentiment for Ring USD is neutral with a score of unknown. This reflects the general tone of news and discussions surrounding the asset.

Positive news sentiment can sometimes correlate with increased buying interest and upward price pressure for Ring USD. Conversely, negative sentiment may lead to selling pressure and price declines, though other market factors also play a significant role.

Last refreshed:

Sentiment history USDR

Last 7 days · hourly

Warning: last measurement is older than 4 hours (last update: —).

About Ring USD

Ring USD (USDR) is a stablecoin engineered to track the value of the United States Dollar. Its primary objective is to provide a stable digital currency for transactions and as a store of value within the cryptocurrency ecosystem. The project is founded by a team of developers and entrepreneurs with extensive experience in blockchain technology and financial markets. USDR employs a unique "overcollateralization" mechanism. This means that the value of the underlying assets backing USDR consistently exceeds the total value of issued USDR. This approach establishes an enhanced layer of security and stability, effectively mitigating risks associated with market volatility.

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