HUSD (HUSD) Hits Market Capitalization of $10.13 Million

HUSD (HUSD) traded down 0% against the dollar during the one day period ending at 22:00 PM E.T. on April 16th. HUSD has a total market capitalization of $10.13 million and approximately $2,872.93 worth of HUSD was traded on exchanges in the last day. One HUSD token can currently be bought for about $0.0455 or 0.00000071 BTC on popular exchanges. In the last seven days, HUSD has traded 2.7% lower against the dollar.

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

• KILT Protocol (KILT) traded down 8% against the dollar and now trades at $0.32 or 0.00000506 BTC.
• 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.
• Kitty Inu (KITTY) traded 1.9% higher against the dollar and now trades at $95.84 or 0.00338062 BTC.
• Hokkaidu Inu (HOKK) traded up 1.2% 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 1.2% higher against the dollar and now trades at $0.0087 or 0.00000014 BTC.
• AXIA Coin (AXC) traded down 0.1% 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. HUSD’s official website 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 possible to buy alternative cryptocurrencies such as HUSD directly using U.S. dollars. Investors seeking to trade HUSD should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Gemini, Changelly or GDAX. 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