Last updated at 2022/10/04
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HUSD, $HUSD

USD-pegged Stablecoin

KPIs & Market Data

Market Cap
$80M
Market Cap 7d %
-0.80%
Market Cap 30d %
-1.15%
Volume 24h
$522.5K
Volume 7d
$573M
Mechanism
Governance
Centralized
Issuer
Stable Universal Limited
Jurisdiction
United States

HUSD Coin is a USD pegged stable coin that is always issued & redeemed in a 1:1 ratio with USD. It is fully backed by cash and issued by Stable Universal Limited and labeled as the stablecoin for the ecosystem of the cryptocurrency exchange Huobi. Users can save fees and earn interest via HUSD staking on the Huobi platform.

Risks

  • Counterparty risk against Stable Universal Limited
  • Risk of insufficient backing
    • Paxos only reports a monthly attestation report on the backing of the outstanding HUSD
  • Risk of loss of collateral due to low quality of collateral based on speculation
  • Risk of asset freeze due to regulatory pressure

$HUSD Newsticker

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