HUSD (HUSD) Market Capitalization Tops $8.33 Million

HUSD (HUSD) traded flat against the dollar during the one day period ending at 11:00 AM Eastern on May 24th. One HUSD token can now be bought for $0.0374 or 0.00000036 BTC on major cryptocurrency exchanges. During the last week, HUSD has traded flat against the dollar. HUSD has a market cap of $8.33 million and $471.08 worth of HUSD was traded on exchanges in the last day.

Here is how related cryptocurrencies have performed during 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 down 2.2% against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Hokkaidu Inu (HOKK) traded up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Jeff in Space (JEFF) traded 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• SolvBTC (SOLVBTC) traded up 2.3% against the dollar and now trades at $76,661.19 or 1.00387251 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 2.2% lower against the dollar and now trades at $75,086.69 or 0.99669561 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

About HUSD

HUSD was first traded on 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.”

Buying and Selling HUSD

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

HUSD/USD price chart by TradingView