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HUSD is a compliant stablecoin issued by Stable Universal, which is anchored 1:1 to the US dollar. The corresponding funds are managed by a trust agency, and a professional company issues an audit report every month. HUSD will continue to expand its wide application in digital asset trading, payment and other financial fields.
From the perspective of blockchain, HUSD Token is implemented based on the mature blockchain public chain - Ethereum. All operations on the chain are open, transparent, tamper-proof, and highly secure. Through the smart contracts running in Ethereum, HUSD will become an indispensable infrastructure in the new generation of financial networks as a programmable digital dollar.
1. In order to ensure full support and regulatory supervision of all HUSD Tokens, HUSD Tokens are pegged to the US dollar 1:1, and the US dollar assets are managed by Paxos Trust Company, which is a trust and qualified under the New York Department of Financial Services (NYDFS) hosting company. This means that HUSD Token has a high level of industry-leading compliance (currently for stablecoins).
2. Fully integrated with Huobi Global, one of the world's largest and most liquid cryptocurrency exchanges.
3. HUSD Token can be purchased and redeemed through the simple, fast and easy-to-use fiat currency import and export provided by Stable Universal's soon-to-be-launched service. The service will be available at stcoins.com. HUSD Token will also be integrated into Huobi OTC.
Tokens will be issued by Stable Universal.
ALCHEMY PAY already supports HUSD as one of the payment methods. Users can use HUSD to pay in shopping malls, supermarkets, car rental agencies and other merchants in Singapore, Hong Kong, Japan, Dubai and other places. And mainstream DeFi platforms like Lendf.me have also announced that they support stablecoins such as HUSD for depositing interest and mortgage lending. In the future, HUSD will accelerate the landing of more enterprise application channels, such as expanding international credit cards, digital bank cards, large Internet companies, maker spaces and other ecological partners; steadily promote the construction of ecological scenarios; increase holders' equity functions, etc.
Related link:
https://businessfocus.io/article/108830/%E7%81%AB%E5%B9%A3%E6%8E%A8%E5%87 %BA%E5%85%B6%E9%A6%96%E5%80%8B%E7%9C%9F%E6%AD%A3%E7%9A%84%E7%A9%A9%E5%AE%9A %E5%B9%A3husd-token
https://www.jinse.com/news/blockchain/629032.html