Huobi’s HUSD Stablecoin to Undergo Reconstruction with the Help of Stable Universal Ltd.

2019-7-18 00:38

Huobi’s current HUSD stablecoin is set to be replaced by a new ERC-20 token reports Coin Desk. The token ticker will remain the same and Stable Universal Limited will be given the responsibility to actually create it.

As per the press release referenced by Coin Desk, the stablecoin will maintain a 1 to 1 value […].

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