HUSD (HUSD) Market Capitalization Tops $407.63 Million

HUSD (CURRENCY:HUSD) traded up 0.1% against the dollar during the 24 hour period ending at 23:00 PM ET on January 14th. In the last week, HUSD has traded 0% higher against the dollar. HUSD has a total market cap of $407.63 million and approximately $31.03 million worth of HUSD was traded on exchanges in the last day. One HUSD coin can now be purchased for $1.00 or 0.00002333 BTC on major exchanges.

Here is how similar cryptocurrencies have performed in the last day:

  • Polygon (MATIC) traded 2.8% higher against the dollar and now trades at $2.34 or 0.00005464 BTC.
  • Binance USD (BUSD) traded up 0.1% against the dollar and now trades at $1.00 or 0.00002334 BTC.
  • Polygon (MATIC) traded flat against the dollar and now trades at $2.00 or 0.00003275 BTC.
  • Chainlink (LINK) traded up 2.8% against the dollar and now trades at $25.82 or 0.00060222 BTC.
  • Crypto.com Coin (CRO) traded 0.8% lower against the dollar and now trades at $0.46 or 0.00001069 BTC.
  • Dai (DAI) traded 0% lower against the dollar and now trades at $1.00 or 0.00002332 BTC.
  • Parkgene (GENE) traded flat against the dollar and now trades at $25.59 or 0.00045023 BTC.
  • Fantom (FTM) traded 3.3% lower against the dollar and now trades at $2.89 or 0.00006751 BTC.
  • DREP (DREP) traded flat against the dollar and now trades at $1.96 or 0.00003398 BTC.
  • DREP [old] (DREP) traded flat against the dollar and now trades at $1.96 or 0.00003399 BTC.

HUSD Profile

HUSD (HUSD) is a coin. Its launch date was November 29th, 2018. HUSD’s total supply is 407,449,377 coins. HUSD’s official Twitter account is @HuobiGlobal and its Facebook page is accessible here. The official website for HUSD 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 U.S. dollars. Investors seeking to acquire HUSD should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Changelly, Coinbase or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase HUSD using one of the aforementioned exchanges.

Receive News & Updates for HUSD Daily - Enter your email address below to receive a concise daily summary of the latest news and updates for HUSD and related cryptocurrencies with MarketBeat.com's FREE CryptoBeat newsletter.