Huobi Announces Global Delisting of Native Stablecoin HUSD
The delisting comes shortly after Justin Sun announced an advisory role at the company.
Huobi Delists Its HUSD, Will Convert Stablecoin to USDT
Huobi Global will delist the virtual asset HUSD and is planning to convert the assets to USDT. HUSD in Another Headline The native stablecoin of Houbi Global, HUSD, will be…
HUSD loses dollar peg after Huobi’s delisting of 21 trading pairs
HUSD, a centralized stablecoin issued by Hong Kong-based Stable Universal, has fallen below its intended dollar peg. The post HUSD loses dollar peg after Huobi’s delisting of 21 trading pairs…
HUSD Stablecoin Depegs Again Following Huobi Delisting HUSD Trading Pairs
The HUSD stablecoin has depegged to $0.96 and is yet to recover its dollar parity after the Huobi exchange recently announced that it would delist HUSD trading pairs. The post…
Huobi Explained What Went Wrong With HUSD – Now Back On Track
Huobi explained what went wrong with HUSD i.e. the company revealed what caused the short-term liquidity difficulty and assured consumers that it had been fixed when the HUSD stablecoin’s dollar…
Why did HUSD dip below $1? Huobi provides explanationÂ
On August 18th, popular crypto exchange Huobi’s stablecoin temporarily lost its USD depeg. HUSD traded at $0.82 for a few hours, before recovering its dollar value.
Huobi explains what went wrong with HUSD after stablecoin is back on track
The HUSD team explained that the depeg was caused as they closed market maker accounts in some regions to comply with regulations.
Huobi Explains Why It’s Stablecoin HUSD Depegged From Its $1 Value
Huobi team has tweeted the reason explaining why its stablecoin HUSD briefly lost its peg to the US dollar Per the tweet, HUSD has regained its lost peg to the…
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.
Huobi Breaks Down the HUSD Depeg Timeline
Huobi and Stable Universe Limited identified the issue within 20 minutes, and HUSD returned to peg within 12 hours.
