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Stablecoin HUSD Faces Liquidity Issues, Huobi Withdrew in April

Stablecoin HUSD Faces Liquidity Issues, Huobi Withdrew in April

Aug 19, 2022
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Stablecoin HUSD Faces Liquidity Issues, Huobi Withdrew in April
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Stablecoin HUSD Faces Liquidity Issues, Huobi Withdrew in April
(Source: STEX)

HUSD, an Ethereum network-based stablecoin issued by Stable Universal Limited, has become the latest cryptocurrency to lose its parity with the U.S. dollar, tumbling by as much as 14.7% on August 18, according to data from CoinMarketCap.

Well-known cryptocurrency exchange Huobi Global, which participated in the launch of the stablecoin in 2…

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