HUSD (HUSD) Market Cap Achieves $8.62 Million

HUSD (HUSD) traded 1.2% lower against the dollar during the 24-hour period ending at 10:00 AM Eastern on November 18th. In the last seven days, HUSD has traded 3.1% higher against the dollar. HUSD has a total market capitalization of $8.62 million and approximately $471.08 worth of HUSD was traded on exchanges in the last day. One HUSD token can now be bought for about $0.0387 or 0.00000043 BTC on exchanges.

Here’s how related 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 down 2.2% 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 up 1.2% 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.
• SolvBTC (SOLVBTC) traded up 0.2% against the dollar and now trades at $90,325.44 or 0.99801391 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 0.7% lower against the dollar and now trades at $89,907.11 or 0.99339183 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 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

HUSD Token Profile

HUSD launched on 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.”

HUSD Token Trading

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 Gemini, GDAX or Coinbase. 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