The Daily Hodl
2022-08-19 22:01:43

Huobi Stablecoin Briefly De-Pegs From US Dollar Due to Liquidity Issues

The stablecoin of crypto exchange platform Huobi briefly de-pegged from the US dollar due to liquidity problems. The stablecoin, HUSD, dipped to as low as $0.87 before its liquidity crisis was resolved in just a few hours and it regained its peg. It is trading for $0.996 at time of writing, an 11% gain on […]The post Huobi Stablecoin Briefly De-Pegs From US Dollar Due to Liquidity Issues appeared first on The Daily Hodl.

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