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USDD wallet

The right cryptocurrency wallet for your USDD

Looking for a USDD Wallet to buy and store your USDD? Join 6+ million customers who trust
Ledger hardware wallets to securely store their crypto and use them on the day-to-day basis.

  • Mobile & Desktop App
  • Secured by Hardware Wallet
Secure your USDD
Trusted by over 6 million customers
USDD wallet
Ledger Secured Solution

How to secure your USDD ?

Whether you’re looking to keep your crypto safe for long-term or manage them on a daily basis, Ledger has the right product for you.

Ledger hardware wallet

Ledger hardware wallet stores your private keys and signs transactions offline, making them resistant to malicious attacks and threats. Pair the Ledger crypto wallet with Ledger Live App to manage your USDD on the go.

Ledger Live App

Ledger Live App is a gateway to manage your assets, checking your real-time balance, tracking transaction histories, and more.

How to create a USDD wallet?

1
Get a Ledger Nano

Get a Ledger Nano

Select and purchase a Ledger hardware wallet of your choice.

  • Beginner in the crypto world? Get started with Ledger Nano S Plus.
  • Prefer a Bluetooth connection? Try with Ledger Nano X.

Get Ledger Nano

2
Download Ledger Live

Download Ledger Live

Download and install the Ledger Live app in a couple of clicks on desktop and mobile.

Coupled with a Ledger, it makes the most secured wallet for your USDD.

3
Start your USDD journey securely

Start your USDD journey securely

Add a USDD account with a couple of clicks. Choose among different providers and easily manage your USDD.

And not only USDD. With Ledger Live, you can manage thousands of crypto and a large variety of NFTs.

Swap USDD at your fingertips

Manage your USDD

Manage your USDD

With Ledger Live coupled with a Ledger, you can:

  • Securely execute transactions by physically validating them with your Ledger Hardware Wallet
  • Manage your USDD as well as thousands of other crypto assets
  • Track your portfolio

*Buy, send/receive, swap, stake, and other crypto transaction services are provided by third-parties provider, which availability may vary based on jurisdiction/territory.

Swap USDD

Swap USDD

Swapping allows you to explore different crypto assets, protect your USDD from volatility, and diversify your portfolio.

You can easily swap USDD through Ledger Live without using fiat currencies.

Swap USDD

The best USDD hardware wallet

Ledger Nano S Plus

Ledger Nano S Plus

4.5/5 - 1 213 Reviews

The perfect crypto wallet to start securely managing your USDD.

  • Desktop
  • USB-C
  • Crypto & NFT
Learn more
Most popular
Ledger Nano X

Ledger Nano X

4.5/5 - 11 108 Reviews

Secure and manage your crypto on-the-go with our Bluetooth®-enabled USDD hardware wallet.

  • Desktop & Mobile
  • Bluetooth
  • USB-C
  • Crypto & NFT
Learn more
Ledger Stax

Ledger Stax

Coming soon

Our most advanced and customizable USDD wallet yet, enjoy a curved E Ink touchscreen crypto-experience unlike ever before.

  • Desktop & Mobile
  • Bluetooth
  • USB-C
  • Larger screen
  • Crypto & NFT
Learn more

Choice of 6,000,000+ customers

Bertil A.

5/5

In order to secure cryptocurrencies, Ledger is the perfect tool.

Kevin L.

5/5

Simply a very elegant peace of hardware, with a gorgeous UI in the app.

James P.

5/5

ALL is good, all legal resources bought was as specified and compliant, party on.

Read more reviews

What is USDD?

On May 5, 2022, USD Digital (USDD) was launched as a stablecoin. USDD is governed by the TRON DAO Reserve and is available on the TRON, Ethereum, and BNB Chain blockchains. It is pegged to the U.S. dollar at a 1:1 ratio, meaning that 1 USDD is always expected to be equal to 1 U.S. dollar.

Stablecoins like USDD rely on algorithms to maintain their stability through a process called seigniorage shares. Seigniorage shares are created when new coins are minted and destroyed when coins are burned. The supply of these shares is managed to increase when the price of the stablecoin falls and decrease when the price of the stablecoin rises. This helps to regulate the supply-demand ratio and keep the price of the stablecoin pegged to a stable value, even though it is not backed by any collateral.

USDD, as an algorithmically-based stablecoin, faces a unique situation following the collapse of terraUSD (UST). However, USDD’s collateralization is slightly different from UST’s, as it is backed by a basket of assets including TRX, BTC, and USDC, which together account for more than 200% of the value of USDD in circulation. This means that each USDD in circulation is actually backed by more than twice its value. In addition, the mint-and-burn mechanism allows users to burn 1 USDD for 1 USD worth of TRX when the price of USDD is lower than 1 USD, and to burn 1 USD of TRX for 1 USDD when the price of USDD is higher than 1 USD. This helps to keep USDD pegged to the USD at a 1:1 ratio and prevent USDD from de-pegging.

Frequently Asked Questions

When you first buy crypto, you’re issued with two keys: public and private.

  • A public key serves as an address that can be shared with other parties to perform transactions.
  • A private key represents a randomly generated number that signs transactions and protects your assets from malicious attacks. If it gets compromised or lost, you won’t be able to access your hardware wallet to spend, withdraw, or transfer your cryptos.

To safeguard and keep track of your keys, you can use online or offline wallets. Online wallets, also known as hot wallets, store private keys on systems or devices that are connected to the internet. Hot wallets are easy and convenient to use, however, they come with several drawbacks. Besides being susceptible to attacks and a honeypot for hackers, with hot wallets, the custody of private keys is often entrusted to a third party such as a crypto exchange, which means you never have full control over your funds. The safer choice are specialized hardware wallets that store private keys offline. Stealing private keys from a hardware wallet would require physical access to the wallet and corresponding PIN or the recovery phrase. What’s more, with hardware wallet, you don’t need to rely on third party custodians.

Ledger Nano is the industry-leading hardware wallet. With more than five million customers, Ledger Nano wallets have several layers of security that protect private keys, and hence your assets:

  • Your private keys are stored on secure element chips.
  • A PIN code and a 24-word recovery phrase are required to access the wallet.
  • Ledger Nano hardware wallets have been built using highly durable materials for protection against physical damage.

With full isolation between private keys and your computer/mobile, Ledger Nano hardware wallets keep your keys secure and give you complete control over your cryptos.

Related Resources

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