Cryptopolitan
2022-08-20 18:33:54

Why did HUSD dip below $1? Huobi provides explanation

On August 18th, popular crypto exchange Huobi’s stablecoin temporarily lost its USD depeg. HUSD traded at $0.82 for a few hours, before recovering its dollar value. Huobi announced that the depeg was caused by a short-term liquidity problem, and since has been resolved completely.  Although the depeg only lasted for about 24 hours, the HUSD … Why did HUSD dip below $1? Huobi provides explanation  Read More »

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