Stockton Unified School District Homepage

For example, if the supply of stablecoin in the market decreases, SNX tokens are introduced to restore price stability. According to statements, trading on Synthetix.Exchange offers several advantages over centralized exchanges and order book-based DEXs. The absence of an order book means all transactions are executed against the contract in what is known as a P2C (peer-to-contract) transaction.

SUSD can be accessed by anyone with an internet connection and a digital wallet. This makes it inclusive and allows individuals from all over the world to participate in the global economy, regardless of their geographical location or financial status. © 2024 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions.

1. In May 2022, Terra (LUNA) adopted a similar model and experienced a significant collapse.
2. SUSD plays a vital role in the decentralized finance (DeFi) realm by offering solutions for lending, borrowing, and trading.
3. SUSD coin can also be used in trades made through contracts called “Synths” in the Synthetix ecosystem.

Information is provided ‘as-is’ and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart’s disclaimer. SUSD is also characterized as a cryptocurrency launched by the platform for these purposes.

It is designed to mimic the value of the US dollar, providing stability in a volatile market. SUSD is a key component of the Synthetix Network, which allows users to create and trade synthetic assets. These synthetic assets represent real-world assets like stocks, commodities, and fiat currencies, providing users with exposure to various markets. This allows for quick and efficient transactions and provides transparency and security for users. It also enables sUSD to be easily integrated with other decentralized applications (dApps) in the Ethereum ecosystem. Overall, sUSD is an exceptional stablecoin that offers stability, accessibility, privacy, and numerous financial opportunities.

Jury orders Trump to pay $83 million for defaming columnist E. Jean Carroll

This pooled collateral model allows users to directly convert between Synths via a smart contract, eliminating the need for a counterparty. According to statements, Synthetix currently supports synthetic traditional currencies, cryptocurrencies, what is susd and commodities. SUSD (Synth sUSD) is a stablecoin cryptocurrency token that is designed to be pegged to the US dollar. It operates on the Ethereum blockchain and is widely recognized for its stability and reliability.

sUSD (SUSD) Reddit Feed

The crypto market is filled with highly volatile digital assets such as Bitcoin, Ethereum, and Shiba Inu whose prices can change very rapidly. However, it is now possible to invest in digital assets with incredibly low risks. Through stablecoin assets like sUSD, you can invest digitally in fiat currencies, allowing you to shield yourself from market fluctuations. SUSD provides users with the flexibility to hold and transact in a stable currency without being limited to traditional fiat currencies.

Community Discussion

The accusation, which was detailed in her book, was first previewed in a New York magazine article. After the article’s publication, Trump issued two statements in response to reporters, including https://cryptolisting.org/ one in which he outright denied her claim and said she was “not my type.” The jury’s decision comes just days after Trump won the New Hampshire primary and became the GOP front-runner.

It’s as simple as heading to the UI, picking which assets you’d like to swap, then confirming the transaction. Learn more about the Socket integration with Synthetix in the most recent blog post. The district’s first bond election was held May 1, 1909,[4] with all 13 citizens voting “yes”. If you are new to crypto, use the Crypto.com University and our Help Center to learn how to start buying Bitcoin, Ethereum, and other cryptocurrencies. SUSD is +0.00% in the last 24 hours.SUSD has a circulating supply of 56.84 M SUSD and a max supply of 142.4 M SUSD. Beyond his testimony, Trump was present for several days of the trial and was vocal about the case outside the courtroom.

In May 2022, Terra (LUNA) adopted a similar model and experienced a significant collapse. The platform’s stablecoin, TerraUSD, lost its stability against the dollar and collapsed along with LUNA coin. This led to investors’ funds worth millions of dollars being wiped out in just a few days. According to CoinMarketCap data, sUSD Coin ranks 225th in market capitalization with $142,106,451. Additionally, at the time of writing, sUSD Coin was trading at $0.9961 with a 24-hour trading volume of $22,695,514 USD. Also, sUSD reached a low of $0.3876 on April 14, 2019, and set an all-time high of $2.36 on October 4, 2019.

SUSD Coin can be purchased through Binance, the world’s largest cryptocurrency exchange by trading volume. It is worth noting that sUSD Coin was listed in the Binance Innovation Zone on December 4, 2020. But Trump’s lawyer, Alina Habba, argued damages ought not be traced back to Trump himself. Holders of sUSD can stake their tokens and earn rewards in the form of additional sUSD or other tokens. This incentivizes users to hold sUSD and actively participate in the Synthetix ecosystem. SUSD is a stablecoin, meaning its value is pegged to a stable asset, typically the US dollar.

Although SUSD coin is currently the 452nd largest digital asset, it carries risks. As a stablecoin, it tracks the US dollar, and there isn’t much to say about its price. However, being automatically managed by a binary token system can create various problems.

SUSD particularly stands out and gains trust due to the platform behind it. Furthermore, sUSD coin being pegged to the dollar is another point that attracts investors’ attention. Investors do not expect large price increases in sUSD because it is dollar-backed, but it is also seen as an investment option. In 2019, Carroll, an advice columnist and freelance writer, accused Trump of sexually assaulting her in the ’90s.