USDK

USDK (USDK) is a cryptocurrency that operates on the Ethereum blockchain as an ERC-20 token. It is a stablecoin designed to maintain a value of 1 USD per token, providing a digital asset that combines the transparency of blockchain with the stability of a fiat currency. It was issued by OKLink, a company associated with the OK Group.

USDK maintains its 1:1 peg to the US dollar through reserves of fiat currency held in accounts managed by the issuing entity, OKLink. Tokens are minted or burned based on deposits and redemptions, helping ensure each USDK corresponds to an actual dollar in reserve. Independent audits and regulatory oversight are part of its design.

USDK (USDK) is used as a digital representation of US dollars for trading, settlement, and payment purposes. Because it runs on Ethereum, it can be transferred across wallets and incorporated into decentralized applications, enabling users to move dollar-denominated value efficiently within the crypto ecosystem while avoiding traditional banking delays.

USDK (USDK) differentiates itself through its issuance by OKLink, which is associated with the OK Group, and its emphasis on regulatory compliance and transparent reserves. While many stablecoins also run on Ethereum, USDK is structured to provide an audited, dollar-referenced option with a fixed relationship to the US dollar.

USDK is currently priced at $1.03, up 2.25% in the last 24 hours. It is ranked #569 by market capitalization. Over the past 7 days, USDK is up 2.91%.

USDK has a market capitalization of $29.45M.

There are currently 28.60M USDK in circulation. The total supply is 28.60M USDK.