Source: iStock/07_av
Starting Thursday, cryptocurrency exchange Huobi will be upgrading their current HUSD solution, transitioning it from a stablecoin basket to a new, USD-pegged stablecoin, HUSD Token.
HUSD Token is issued by Stable Universal, a Huobi Global backed crypto startup, with a 1:1 USD peg. Paxos Trust Company will act as the USD asset custodian, and HUSD Token will be subject to a