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Easily convert ALCX to USDD with ConvertOnline's efficient tool.
Alchemix (ALCX) is a decentralized finance (DeFi) protocol that allows users to create self-repaying loans using their crypto assets as collateral. By leveraging future yield from deposited assets, Alchemix enables users to access liquidity without the need for traditional repayment methods.
USDD (US Dollar Digital Dollar) is a stablecoin designed to maintain a stable value by pegging its worth to the US Dollar. It aims to combine the benefits of digital currencies with the stability of fiat currencies, making it suitable for transactions and storing value.