Round Dollar

1. Summary

Ranks

Liquidity

-

Developer

-

Social

60

Momentum (beta)

0

Stack Rank™

-

Price

$2.05 0.0%

Market Cap

$0.00 (#11564)

Supply

/

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Price
52W High price	$15.21
52W High date	19th Mar 2022 (3 years ago)
All Time High (ATH) Date	27th Feb 2025 (1 month ago)
All Time Low (ATL) Date	27th Feb 2025 (1 month ago)

Supply & Trading Volume
Trading Volume (24h)	$2.00

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Description

Round Dollar (RD) - A Synthetic Stablecoin for the Asian Market

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Round Dollar (RD) - A Synthetic Stablecoin for the Asian Market

Round Dollar (RD) is a synthetic stablecoin pegged to the value of a basket of mainstream Asian currencies, offering a stable and reliable medium for transactions and value storage within the crypto and fiat worlds. One RD is equivalent to a weighted combination of three key currencies: 47 CNH (Chinese Renminbi), 550 JPY (Japanese Yen), and 25 HKD (Hong Kong Dollar).

RD leverages the strengths of multiple Asian currencies, reducing the foreign exchange rate risk for users, particularly in Asian markets. Deposited fiat currencies are securely held in third-party trusts and are subject to regular monthly audits and public disclosures, ensuring transparency and trustworthiness.

The primary usage of RD includes:

• Seamless Value Exchange: RD acts as a bridge between the crypto and fiat worlds, enabling efficient value transfer within and across these ecosystems.
• Trade Settlement: RD is a preferred medium for cross-border trade settlements, increasing efficiency by reducing intermediaries and promoting enhanced stability for both importers and exporters.
• Asian Market Denomination: RD's basket peg serves as a versatile denomination in decentralized finance (DeFi) applications within the Asian region.

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