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HUSD Stablecoin Returns to $1 Peg After Liquidity Problems

The HUSD team explained that the de-peg was caused by a market maker account that was closed, causing liquidity issues.

Updated May 11, 2023, 6:54 p.m. Published Aug 19, 2022, 2:13 p.m.
Stablecoin HUSD returned to its $1 peg. (eswaran arulkumar/Unsplash)
Stablecoin HUSD returned to its $1 peg. (eswaran arulkumar/Unsplash)