What is HUSD?

Symbol: HUSD · Market cap rank: #1457

Short answer

HUSD (HUSD) is a cryptocurrency currently ranked #1457 by market capitalisation. It is classified as Stablecoin.

Source: isthiscoinascam.com

Overview

HUSD Token is issued by Stable Universal and is designed to maintain a 1:1 peg to the US dollar. Paxos Trust Company serves as the custodian for the USD assets backing HUSD.

The HUSD Token undergoes monthly attestations to ensure its compliance with the peg. This structure aims to provide a stable digital asset within the cryptocurrency ecosystem.

Launched: 2018

Headquarters: Central District, Hong Kong

Scam-risk analysis

HUSD has a low score, indicating elevated scam risk based on the available data. Is HUSD a scam?

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