Huobi Exchange’s HUSD Stablecoin Loses Its Peg To The US Dollar

Stable Universal’s HUSD stablecoin has lost its peg to the US dollar  The stablecoin was earlier launched in 2018, in collaboration with the Huobi crypto exchange Huobi Bitcoin exchange’s stablecoin HUSD has lost its peg to the US dollar and is currently trading at $0.88.  HUSD Stablecoin Plummets To $0.88  HUSD, a stablecoin managed by Stable Universal, is struggling to maintain its parity to the US dollar.