HUSD (HUSD) Trading 21.3% Lower Over Last 7 Days

HUSD (HUSD) traded up 1.7% against the dollar during the 1-day period ending at 22:00 PM ET on July 22nd. In the last seven days, HUSD has traded down 21.3% against the dollar. HUSD has a market capitalization of $8.11 million and approximately $3,650.04 worth of HUSD was traded on exchanges in the last day. One HUSD token can currently be bought for approximately $0.0364 or 0.00000054 BTC on major cryptocurrency exchanges.

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

• KILT Protocol (KILT) traded down 1.4% against the dollar and now trades at $0.20 or 0.00000294 BTC.
• 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 down 2.2% against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Kitty Inu (KITTY) traded up 1.9% 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.
• 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 down 1.9% against the dollar and now trades at $0.0128 or 0.00000019 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

About HUSD

HUSD’s genesis date was 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 message board is medium.com/@stablecoin_husd. 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 presently 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 exchanges listed above.

HUSD/USD price chart by TradingView