The pair features a real-world currency (American dollar) and a digital currency (IOTA). IOTA is the base currency, USD is the counter currency. The pair indicates how many IOTA units are needed to purchase one American dollar. IOTA is a decentralised, scalable cryptocurrency created for the Internet of Things. The cryptocurrency allows companies to try out new b2b approach by making any technological resource a tradable service. The American dollar (USD) is the world’s strongest currency and one of the most liquid assets on the Forex market. To see the latest IOTA/USD chart, follow Capital.com.