Dollar based Stablecoin HUSD Loses Peg, Recovers
HUSD, a dollar-based stablecoin, lost its dollar peg yesterday during heavy trading. HUSD is a relatively small stablecoin with a market cap of around $160 million. According to Coinmarketcap, HUSD dropped to as low as $0.8483 on August 18th. As of now, HUSD has recovered,… Read More
Read more in: Blockchain & Digital Assets, Asia | Tagged hong kong, huobi, husd, stablecoin