HUSD Market Cap Reaches $10.88 Million (HUSD)

HUSD (HUSD) traded down 0.8% against the dollar during the 24-hour period ending at 8:00 AM E.T. on November 21st. One HUSD token can currently be bought for $0.0489 or 0.00000132 BTC on major cryptocurrency exchanges. HUSD has a market capitalization of $10.88 million and $0.89 worth of HUSD was traded on exchanges in the last day. In the last week, HUSD has traded 0% lower against the dollar.

Here’s how other cryptocurrencies have performed in the last day:

• KILT Protocol (KILT) traded down 11% against the dollar and now trades at $0.34 or 0.00000904 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 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• OmniaVerse (OMNIA) traded 7.2% lower against the dollar and now trades at $0.0007 or 0.00000002 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 up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Lego Coin (LEGO) traded down 0% against the dollar and now trades at $0.0049 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 2.7% lower against the dollar and now trades at $0.0084 or 0.00000023 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. 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 currently 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