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Huobi explains what went wrong with HUSD after stablecoin is back on track

August 19, 2022 by DIGIT
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The HUSD team explained that the depeg was caused as they closed market maker accounts in some regions to comply with regulations.

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  • bitcoinBitcoin(BTC)$84,368.00-5.75%
  • ethereumEthereum(ETH)$2,811.17-6.42%
  • tetherTether(USDT)$1.00-0.02%
  • binancecoinBNB(BNB)$858.80-4.47%
  • rippleXRP(XRP)$1.80-5.51%
  • usd-coinUSDC(USDC)$1.00-0.01%
  • solanaSolana(SOL)$117.56-6.75%
  • tronTRON(TRX)$0.2908810.03%
  • staked-etherLido Staked Ether(STETH)$2,809.18-6.48%
  • dogecoinDogecoin(DOGE)$0.115655-7.19%