HUSD (HUSD) Hits Market Cap of $9.94 Million

HUSD (HUSD) traded down 1.2% against the US dollar during the 24-hour period ending at 0:00 AM ET on May 22nd. Over the last week, HUSD has traded 0.1% higher against the US dollar. HUSD has a total market capitalization of $9.94 million and approximately $244.20 worth of HUSD was traded on exchanges in the last 24 hours. One HUSD token can now be purchased for about $0.0447 or 0.00000064 BTC on exchanges.

Here’s how other cryptocurrencies have performed over the last 24 hours:

• KILT Protocol (KILT) traded 4.4% lower against the dollar and now trades at $0.28 or 0.00000410 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 2.2% lower 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 up 1.2% 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 down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded 2.8% lower against the dollar and now trades at $0.0103 or 0.00000015 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

About HUSD

HUSD was first traded on 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. HUSD’s official website 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 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 Changelly, Gemini or Coinbase. 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