At Thursday’s market end, the price of HUSD was $0.92, down 8%. The current price on decentralized exchanges vs USDC, USDT, and DAI was $0.85. Currently, the warning from Curve Finance reads, “The exchange rate is absurdly low!”
Stable Universal is actually the issuer of HUSD. The firm was sponsored by Huobi Capital, but in April of this year, Huobi divested its stakes.
However, the exchange claimed in a public tweet that...
Cryptocurrencies, Front page, Huobi, Stablecoins