- #4615
Wrapped USDR WUSDR
WUSDR Price
Market Cap
--Rank #4615FDV
$2.46 MRank #2751Investors
X Followers
Detailed Performance
WUSDR shows Bullish signs against top cryptocurrencies, leading categories and blockchains over various time periods
WUSDR to USD Converter
About Wrapped USDR (WUSDR)
What makes Wrapped USDR unique?
Wrapped USDR (USDR) is a unique cryptocurrency due to its specific features and characteristics. Here are some key points that make Wrapped USDR unique compared to other cryptocurrencies:
Backed by Real Estate: USDR is the first money backed by real estate. The value of USDR is supported by tangible assets, specifically rental properties, which provides stability and intrinsic value to the cryptocurrency.
Yield Generation: USDR allows users to earn yield through its real estate backing. The rental yield collected from the properties is distributed daily to USDR holders, providing a consistent source of income and real yield.
Pegged to the Dollar: USDR is pegged to the US dollar, making it stable in value. This means that the price of USDR does not experience significant volatility, providing a reliable store of value and reducing risk for users.
Auto Re-collateralization: To ensure the stability and full backing of USDR, an automatic re-collateralization mechanism is in place. If the collateralization ratio falls below 100%, 50% of the rental yield is redirected to the treasury, recollateralizing the asset. This feature ensures that USDR is always fully backed.
Tangible NFTs: USDR offers the ability to convert real-world assets into tangible NFTs (TNFTs). These TNFTs can be redeemed for the physical product at any time, providing an additional layer of utility and value to USDR holders.
Overall, USDR stands out from other cryptocurrencies due to its unique combination of real estate backing, yield generation, stability, and the option to convert assets into tangible NFTs.
Live Wrapped USDR Price Data
The current price of Wrapped USDR (WUSDR) is approximately $0.3711, reflecting a decrease of -0.26% in the last 24 hours. The WUSDR trading volume in the last 24 hours stands at $2.87.
For a comprehensive list of exchanges, visit our crypto exchanges page. To understand Wrapped USDR's performance over time, consider exploring its price history and ROI. For in-depth analysis and insights on WUSDR, check out our crypto insights page.