HUSD (HUSD) Market Cap Hits $8.35 Million

HUSD (HUSD) traded down 0.9% against the US dollar during the 1 day period ending at 22:00 PM Eastern on October 31st. HUSD has a total market capitalization of $8.35 million and approximately $471.08 worth of HUSD was traded on exchanges in the last day. In the last week, HUSD has traded down 1.4% against the US dollar. One HUSD token can now be bought for approximately $0.0375 or 0.00000054 BTC on major cryptocurrency exchanges.

Here is how similar cryptocurrencies have performed in the last day:

• Aidi Finance (BSC) (AIDI) traded 2.2% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded 2.2% lower against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Hokkaidu Inu (HOKK) traded 1.2% higher against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Jeff in Space (JEFF) traded down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• SolvBTC (SOLVBTC) traded down 3.2% against the dollar and now trades at $69,778.40 or 0.99881252 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded down 3.3% against the dollar and now trades at $69,680.61 or 0.99741271 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

HUSD Profile

HUSD’s genesis date was July 20th, 2019. HUSD’s total supply is 222,593,861 tokens. HUSD’s official message board is medium.com/@stablecoin_husd. HUSD’s official Twitter account is @stablecoin_husd and its Facebook page is accessible here. HUSD’s official website is www.stcoins.com.

According to CryptoCompare, “HUSD is a U.S. dollar-backed stablecoin issued by Stable Universal. The dollars backing HUSD will be held in reserve by Paxos Trust Company, a fiduciary and qualified custodian regulated by the New York State Department of Financial Services (NYDFS). On a monthly basis, a top U.S. auditing firm will perform an attestation to ensure USD reserves match the supply of HUSD.

The coin has been listed on the Huobi exchange platform and can be converted to any of the four stable coins supported by the stable coin solution: PAX, TUSD, GUSD, and USDC. For investors, they can deposit any of the stable coins on the all-in-one stable coin solution, and it will immediately convert it and store it as HUSD. When investors want to withdraw their coins, they have withdrawal options to choose from any of the four stable coins.”

HUSD Token Trading

It is usually not currently possible to buy alternative cryptocurrencies such as HUSD directly using US dollars. Investors seeking to acquire HUSD should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Coinbase, GDAX or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to buy HUSD using one of the aforementioned exchanges.

HUSD/USD price chart by TradingView