Huobi launches its HUSD stablecoin aggregator

Cryptocurrency exchange Huobi announced the launch of its stablecoin solution known as HUSD, which will be compatible with four stablecoins.

Last October, Huobi unveiled its project to develop HUSD, a universal stablecoin that investors could use to trade and convert between four digital currencies pegged to the US dollar.

A little over a month after that announcement, Huobi informed the crypto community that HUSD is now a reality and that it will be compatible with Gemini Dollar, Paxos Standard, USDCoin and TrueUSD, allowing its users to trade it for any of them.

Read more...