HUSD is a secure, reliable, and fiat-collateralized stablecoin. It combines the stability of the US dollar and the efficiency of blockchain technology. Additionally, it provides holders with a tool to reduce volatility when trading in the cryptocurrency market. Developers announced the HUSD project in 2018. Later, Stable Universal released HUSD in compliance with all necessary US legal requirements. HUSD is issued as an ERC-20 token on the Ethereum blockchain and is backed at a 1:1 ratio by US dollars held in US bank accounts. The HUSD token is held in reserve by the Paxos Trust Company. This measure is essential to provide oversight and support from regulatory authorities. HUSD was first launched in 2018 and was listed on the Huobi Global exchange. The main idea of the stablecoin was to combine four others — Paxos Standard (PAX), True USD (TUSD), USD Coin (USDC), and Gemini Dollars (GUSD) — into one HUSD token.
What is HUSD?
Buy HUSD with Apple Pay or credit card
Send & Receive HUSD
Exchange crypto to other tokens or coins
Users can easily and quickly create their own portfolio without the risk of price fluctuations during exchange.
Instant exchange with a fixed rate is a guarantee of receiving the exact amount of cryptocurrency without hidden fees.
Private keys are under client control, they are never sent or stored outside your device.
Non-custodial wallet with no registration or KYC required can be accessed on iOS, Android and Web. User is the only owner of the private key.