HUSD Achieves Market Cap of $8.33 Million (HUSD)

HUSD (HUSD) traded flat against the US dollar during the twenty-four hour period ending at 10:00 AM E.T. on September 9th. HUSD has a market cap of $8.33 million and approximately $471.08 worth of HUSD was traded on exchanges in the last day. One HUSD token can currently be bought for about $0.0374 or 0.00000036 BTC on major exchanges. Over the last seven days, HUSD has traded flat against the US dollar.

Here is how other cryptocurrencies have performed over 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 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.
• CateCoin (CATECOIN) traded up 81.7% against the dollar and now trades at $0.0459 or 0.00000058 BTC.
• SolvBTC (SOLVBTC) traded 1.4% higher against the dollar and now trades at $79,450.72 or 1.00407326 BTC.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

About HUSD

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

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 presently 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 Gemini, Changelly or Coinbase. 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