HUSD (HUSD) Achieves Market Capitalization of $8.01 Million

HUSD (HUSD) traded 0.2% higher against the U.S. dollar during the 24 hour period ending at 18:00 PM E.T. on September 16th. HUSD has a market cap of $8.01 million and approximately $51.49 worth of HUSD was traded on exchanges in the last 24 hours. Over the last seven days, HUSD has traded down 2.1% against the U.S. dollar. One HUSD token can now be bought for $0.0360 or 0.00000062 BTC on major cryptocurrency exchanges.

Here’s how other cryptocurrencies have performed over 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 2.2% lower 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 1.2% higher 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 up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.
• MVP Coin (MVP) traded down 13.2% against the dollar and now trades at $0.0429 or 0.00000074 BTC.
• 2G Carbon Coin (2GCC) traded 0.4% lower against the dollar and now trades at $0.0480 or 0.00000183 BTC.

HUSD Profile

HUSD’s launch date was July 20th, 2019. HUSD’s total supply is 222,593,861 tokens. The official message board for HUSD is medium.com/@stablecoin_husd. HUSD’s official website is www.stcoins.com. 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 buy alternative cryptocurrencies such as HUSD directly using US dollars. Investors seeking to acquire HUSD should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, Changelly or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to buy HUSD using one of the aforementioned exchanges.

HUSD/USD price chart by TradingView