The quick surge experienced by HUSD Token in the cryptocurrency has drawn thousands of digital currency lovers to search about the legitimacy of the token. HUSD token is another fast rising coin in the cryptocurrency market today.
On this article, we are going to review HUSD Token.
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About HUSD Token;
HUSD Token combines the stability of the U.S. dollar with the efficiency of blockchain technology. It is designed to be secure, liquid and convenient.
Firstly, HUSD is designed to be easily redeemable. Secondly, provides a tool for holders to reduce volatility when participating in the cryptocurrency market. Lastly and the most important, the token is part of an initiative to increase transparency and auditability in the Stablecoin market.
There are 588,622,718.48 HUSD Token supply.
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Market cap for HUSD Token is $588,622,719.08.
Pros of HUSD Token
- HUSD token is issued by Stable Universal and backed by U.S. dollars in a 1:1 ratio held in a U.S. trust company
- A lot of investors are ‘flocking’ to invest
- It is now listed on Coinbase
- They are fully decentralized
Cons of HUSD Token
- The coin is still under development
- Multiple issues with its synchronizations between ledgers
Is HUSD Token Legit or Scam?
Due to the high rate of scam in cryptocurrency, a lot of traders have been trading in fear and most have also given up.
According to research, HUSD Token is not a scam coin. It has been listed on top cryptocurrency wallets like Blockchain, Binance and lots more.
- Easy steps on how and where to buy HUSD
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