HUSD (HUSD) Market Capitalization Achieves $8.33 Million

HUSD (HUSD) traded flat against the US dollar during the twenty-four hour period ending at 10:00 AM Eastern on June 1st. One HUSD token can now be bought for $0.0374 or 0.00000036 BTC on major exchanges. In the last week, HUSD has traded flat against the US dollar. HUSD has a market cap of $8.33 million and approximately $471.08 worth of HUSD was traded on exchanges in the last 24 hours.

Here is how similar cryptocurrencies have performed in the last 24 hours:

• 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 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded down 1.4% against the dollar and now trades at $72,570.02 or 0.99778493 BTC.
• SolvBTC (SOLVBTC) traded down 2.7% against the dollar and now trades at $71,842.48 or 1.00474438 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

About HUSD

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

HUSD/USD price chart by TradingView