HUSD (HUSD) Hits Market Capitalization of $10.15 Million

HUSD (HUSD) traded up 1.8% against the U.S. dollar during the 1 day period ending at 12:00 PM Eastern on May 7th. During the last seven days, HUSD has traded down 1.6% against the U.S. dollar. HUSD has a total market capitalization of $10.15 million and $100.67 worth of HUSD was traded on exchanges in the last day. One HUSD token can currently be bought for $0.0456 or 0.00000072 BTC on exchanges.

Here is how related cryptocurrencies have performed during the last day:

• KILT Protocol (KILT) traded 0.7% lower against the dollar and now trades at $0.30 or 0.00000466 BTC.
• Aidi Finance (BSC) (AIDI) traded down 2.2% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded down 2.2% 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.
• Kitty Inu (KITTY) traded up 1.9% against the dollar and now trades at $95.84 or 0.00338062 BTC.
• Hokkaidu Inu (HOKK) traded 1.2% higher against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Lego Coin (LEGO) traded flat against the dollar and now trades at $0.0086 or 0.00000013 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 up 1.7% against the dollar and now trades at $0.0100 or 0.00000016 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

HUSD Token Profile

HUSD’s genesis date was July 20th, 2019. HUSD’s total supply is 222,593,861 tokens. The official message board for HUSD is medium.com/@stablecoin_husd. HUSD’s official Twitter account is @stablecoin_husd and its Facebook page is accessible here. The official website for HUSD 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 possible to purchase alternative cryptocurrencies such as HUSD directly using US dollars. Investors seeking to acquire HUSD should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as GDAX, Changelly or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase HUSD using one of the exchanges listed above.

HUSD/USD price chart by TradingView