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3232Huobi Global to Delist HUSD — Stablecoin Slips Below $1 Parity to $0.89
https://www.digit.info/huobi-global-to-delist-husd-stablecoin-slips-below-1-parity-to-0-89/
Fri, 28 Oct 2022 13:00:27 +0000https://www.digit.info/2022/10/28/huobi-global-to-delist-husd-stablecoin-slips-below-1-parity-to-0-89/Read more]]>On Thursday, the cryptocurrency exchange Huobi Global announced that the trading platform plans to delist the stablecoin HUSD and the delisting will begin at 08:00 (UTC) on October 28, 2022. Furthermore, users with HUSD held on the exchange will see their balances auto-converted to the stablecoin asset tether and the exchange expects to complete the […]
]]>Another Stablecoin Fluctuates Wildly as HUSD Slips Below USD Peg to $0.82 per Token
https://www.digit.info/another-stablecoin-fluctuates-wildly-as-husd-slips-below-usd-peg-to-0-82-per-token/
Thu, 18 Aug 2022 18:30:52 +0000https://www.digit.info/2022/08/18/another-stablecoin-fluctuates-wildly-as-husd-slips-below-usd-peg-to-0-82-per-token/Read more]]>The stablecoin HUSD, originally associated with the crypto exchange Huobi Global, lost its peg with the U.S. dollar on Wednesday, August 17, and it dropped even lower in value the following day on Thursday, August 18. On Thursday, Huobi addressed the public on Twitter and the exchange said “we are aware of the current liquidity […]
]]>The $62B Stablecoin Giant Tether Publishes Assurance Report Reviewed by Auditor Moore Cayman
https://www.digit.info/the-62b-stablecoin-giant-tether-publishes-assurance-report-reviewed-by-auditor-moore-cayman/
Tue, 10 Aug 2021 07:30:02 +0000https://www.digit.info/2021/08/10/the-62b-stablecoin-giant-tether-publishes-assurance-report-reviewed-by-auditor-moore-cayman/Read more]]>Tether Limited has released an assurance report reviewed by Moore Cayman, an auditor of investment funds and digital assets. The report provides a breakdown of the company’s assets and reserves which Moore Cayman claims are around $62.7 billion as of June 30. Tether Publishes Assurance Report On August 9, 2021, Tether’s chief technology officer tweeted […]
]]>Huobi Stablecoin Issuer Publishes Attestation Reports Tied to HUSD Reserve Backing
https://www.digit.info/huobi-stablecoin-issuer-publishes-attestation-reports-tied-to-husd-reserve-backing/
Fri, 06 Aug 2021 09:30:07 +0000https://www.digit.info/2021/08/06/huobi-stablecoin-issuer-publishes-attestation-reports-tied-to-husd-reserve-backing/Read more]]>The crypto financial services company Huobi and the firm’s stablecoin issuer Stable Universal have published monthly HUSD attestation reports. The audits indicate the funds that back Huobi’s stablecoin are kept in cash in U.S. money market accounts in order to ensure the 1:1 ratio with USD. HUSD Monthly Attestations On Thursday, more than $117 billion […]
On Thursday, the cryptocurrency exchange Huobi Global announced that the trading platform plans to delist the stablecoin HUSD and the delisting will begin at 08:00 (UTC) on October 28, 2022. Furthermore, users with HUSD held on the exchange will see their balances auto-converted to the stablecoin asset tether and the exchange expects to complete the […]
The stablecoin HUSD, originally associated with the crypto exchange Huobi Global, lost its peg with the U.S. dollar on Wednesday, August 17, and it dropped even lower in value the following day on Thursday, August 18. On Thursday, Huobi addressed the public on Twitter and the exchange said “we are aware of the current liquidity […]
Tether Limited has released an assurance report reviewed by Moore Cayman, an auditor of investment funds and digital assets. The report provides a breakdown of the company’s assets and reserves which Moore Cayman claims are around $62.7 billion as of June 30. Tether Publishes Assurance Report On August 9, 2021, Tether’s chief technology officer tweeted […]
The crypto financial services company Huobi and the firm’s stablecoin issuer Stable Universal have published monthly HUSD attestation reports. The audits indicate the funds that back Huobi’s stablecoin are kept in cash in U.S. money market accounts in order to ensure the 1:1 ratio with USD. HUSD Monthly Attestations On Thursday, more than $117 billion […]