HUSD (HUSD) Hits Market Cap of $8.48 Million

HUSD (HUSD) traded down 0.3% against the dollar during the 1-day period ending at 17:00 PM ET on October 27th. HUSD has a total market cap of $8.48 million and $471.08 worth of HUSD was traded on exchanges in the last 24 hours. One HUSD token can currently be purchased for about $0.0381 or 0.00000056 BTC on popular exchanges. During the last week, HUSD has traded 0.9% lower against the dollar.

Here is how related cryptocurrencies have performed during 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 up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• SolvBTC (SOLVBTC) traded 0.7% higher against the dollar and now trades at $67,691.12 or 0.99918622 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 1% higher against the dollar and now trades at $67,649.67 or 0.99857442 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

HUSD Token Profile

HUSD was first traded on 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 Twitter account is @stablecoin_husd and its Facebook page is accessible here. HUSD’s official website is www.stcoins.com.

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 purchase alternative cryptocurrencies such as HUSD directly using US dollars. Investors seeking to trade HUSD should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Changelly, Coinbase or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase HUSD using one of the exchanges listed above.

HUSD/USD price chart by TradingView