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HUSD
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.
After Huobi Delisting Stablecoin HUSD Falls 72% From Dollar Peg
Huobi has said it will assist customers in exchanging HUSD for USDT.
What We Know – and Don’t Know – About Stablecoins’ Dollar Backing
(Updated Oct. 31, 2021) As information disclosed by issuers varies, it’s not easy for investors to make apple-to-apple comparisons.
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.
Huobi-Branded HUSD Reveals Breakdown of Reserves: All Held in Cash
Though USDT and USDC still captured the largest market share, smaller stablecoins are trying to prove that they are backed by safer assets.
Huobi's New US Affiliate Set to Go Live Next Month
The new company is part of Huobi’s efforts to make a return to the U.S. market.
Huobi's HUSD Stablecoin to Run on Nervos Blockchain
China's Nervos picks Huobi's HUSD as the first available stablecoin on its blockchain amid a DeFi boom in China.
Stablecoins Push Ethereum's Transaction Count to Highest Since July 2019
Ethereum’s transaction counts have surged by 72% since mid-February
