HUSD is a stablecoin issued by Huobi Global, which is pegged 1:1 to the US dollar. It aims to provide stability in the volatile cryptocurrency market, serving as a bridge between cryptocurrencies and fiat currencies. HUSD is backed by real US dollars, ensuring its value remains stable despite
market fluctuations.
7 answers
GwanghwamunPride
Sat Nov 02 2024
HUSD stands as a USD-backed stablecoin, issued by the reputable entity Stable Universal.
Elena
Sat Nov 02 2024
The primary objective behind HUSD's creation is to offer a secure digital asset.
Michele
Sat Nov 02 2024
HUSD ensures liquidity, making it an attractive option for traders.
SakuraDance
Sat Nov 02 2024
Convenience is another hallmark of HUSD, facilitating seamless transactions.
StormGalaxy
Fri Nov 01 2024
Users have the liberty to deposit USD to acquire HUSD at a 1:1 ratio.