HUSD (HUSD) Market Capitalization Achieves $8.24 Million

HUSD (HUSD) traded 0.6% lower against the U.S. dollar during the twenty-four hour period ending at 21:00 PM Eastern on November 4th. HUSD has a total market capitalization of $8.24 million and approximately $471.08 worth of HUSD was traded on exchanges in the last 24 hours. In the last seven days, HUSD has traded 2.8% lower against the U.S. dollar. One HUSD token can now be bought for approximately $0.0370 or 0.00000055 BTC on major cryptocurrency exchanges.

Here is how similar cryptocurrencies have performed in the last 24 hours:

• 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 down 2.2% 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.
• SolvBTC (SOLVBTC) traded down 1.5% against the dollar and now trades at $67,873.17 or 1.00091049 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded down 0.9% against the dollar and now trades at $67,838.77 or 1.00040327 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’s genesis date was July 20th, 2019. HUSD’s total supply is 222,593,861 tokens. The official website for HUSD is www.stcoins.com. HUSD’s official message board 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.”

HUSD Token Trading

It is usually not presently 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, Coinbase or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to buy HUSD using one of the exchanges listed above.

HUSD/USD price chart by TradingView