HUSD


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HUSD Stablecoin Tumbles From Dollar Peg After Delisting on Huobi

The once-popular HUSD stablecoin has fallen dramatically from its $1 peg, touching a low of 28 cents after crypto exchange Huobi announced it delisted the asset on Friday. "The Hash" panel weighs in on the crypto exchange's recent move, stablecoin competition.

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Huobi-Branded HUSD Reveals Breakdown of Reserves: All Held in Cash

The reserves backing Huobi’s HUSD, the eighth-largest stablecoin by market cap, are revealed to be all held in cash in money market accounts in the U.S. This comes as stablecoin issuers have followed each other in increasing transparency.

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