HUSD Reaches Market Capitalization of $10.28 Million (HUSD)

HUSD (HUSD) traded 1.6% higher against the US dollar during the 24 hour period ending at 9:00 AM ET on April 17th. One HUSD token can currently be bought for $0.0462 or 0.00000074 BTC on popular exchanges. HUSD has a total market capitalization of $10.28 million and approximately $3,757.45 worth of HUSD was traded on exchanges in the last day. During the last seven days, HUSD has traded 2.6% lower against the US dollar.

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

• KILT Protocol (KILT) traded down 6.1% against the dollar and now trades at $0.33 or 0.00000527 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 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 1.9% higher 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 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded up 1.6% against the dollar and now trades at $0.0088 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 Profile

HUSD was first traded on July 20th, 2019. HUSD’s total supply is 222,593,861 tokens. HUSD’s official website is www.stcoins.com. 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.

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 purchase alternative cryptocurrencies such as HUSD directly using US dollars. Investors seeking to trade HUSD should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, 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