BlackRock USD vs USDD โ side-by-side comparison of supply, chains, backing, and peg data.
Over the last 30 days BUIDL supply moved +13.7% and USDD +7.9% โ BUIDL grew faster. BUIDL held the tighter band: worst deviation 0 bps against 29 bps.
| Metric | BUIDL | USDD |
|---|---|---|
| USD circulation value | $2.71B | $1.51B |
| Rank (by USD value) | #10 | #13 |
| Peg | USD | USD |
| Mechanism | fiat-backed | crypto-backed |
| Backing | Tokenized US Treasuries (BlackRock) | Algo + TRX collateral |
| Chains deployed | 8 | 4 |
| Primary chain | Ethereum | Tron |
| Issuer | BlackRock (tokenized by Securitize) | TRON DAO Reserve |
| CoinGecko | View โ | View โ |
Both track USD, so they compete for the same use cases. BUIDL holds tokenized us treasuries (blackrock); USDD holds algo + trx collateral. BUIDL ranks #10 by USD value and USDD ranks #13.
BUIDL is larger, with $2.71B in circulation vs $1.51B for USDD. That's roughly 1.8ร the size.
Neither is inherently safer. Safety turns on reserve composition, issuer transparency, redemption rights and regulatory oversight โ none of which this page audits. BUIDL uses a fiat-backed model; USDD uses a crypto-backed one. Read each issuer's most recent reserve attestation before choosing.
Yes. BUIDL and USDD both trade on major centralized and decentralized exchanges. Since both track USD, the exchange rate is typically very close to 1:1. Direct swap protocols on Ethereum, Solana, and other chains offer the tightest spreads.
The right choice depends on your use case. Consider: which chain do you need? BUIDL is available on 8 chains and USDD on 4. What backing do you prefer? What's your integration surface (exchanges, DeFi protocols, payment providers)? Both have deep liquidity, so market cap alone shouldn't decide it.