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HUSD Official: The short-term liquidity problem caused by the closure of some market maker accounts has been resolved



Time:8/19/2022 12:35:44 PM

[HUSD Official: Short-term liquidity problems due to closure of some market maker accounts have been resolved] On August 19, HUSD official Twitter stated that it has recently decided to close several accounts in specific regions to comply with legal requirements, including some Market maker account. This caused short-term liquidity issues due to the time difference in banking hours, but this has been resolved.

Other news:

MDEX.COM newly added liquidity mining LP SH/HUSD, PTD/MDX, HGT/HUSD, CON/USDT, DEP/HUSD: According to the official announcement of MDEX.COM, MDEX.COM will be held at 18:00 on March 30 ( UTC+8) With the total reward of 80 MDX for each block mining unchanged, a new liquidity mining list is added. The liquidity mining list is as follows: SH/HUSD: 0.0371MDX per block reward, PTD/MDX: 0.0371MDX per block reward, HGT/HUSD: 0.0371MDX per block reward, CON/USDT: 0.0371MDX per block reward , DEP/HUSD: 0.0371MDX per block reward. After the DAO management is enabled, the weight adjustment plan will be decided by the community vote. [2021/3/30 19:28:17]

HUSD's latest audit report: Custody account reserves exceed 135 million US dollars, with a cumulative issuance of 1.2 billion: According to the audit report of an independent audit company in the United States, the actual issuance of the compliant stable currency HUSD as of April 30 is equivalent to the US dollar reserves hosted in banks1 :1 anchored, both reached 135,389,210.71 US dollars. As of today, its cumulative circulation has exceeded 1.2 billion US dollars.

HUSD is a compliant stablecoin issued by Stable Universal based on Ethereum, which is anchored 1:1 with the US dollar. At present, it has been implemented in applications such as digital asset transactions and payments, and has become a popular emerging stable currency due to its security, compliance, and convenience. [2020/5/13]

Announcement | Huobi Global will launch BSV/USDT and XRP/HUSD trading tomorrow: Huobi Global Announcement, because Bitcoin SV (BSV) complies with the online standards of Huobi Global USDT trading area, Huobi Global will BSV/USDT trading will be launched at 16:00 on November 30. At the same time, Ripple (XRP) will launch XRP/HUSD trading on Huobi Global at 15:00 on November 30. [2018/11/29]

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