December 7, 2022

Ethereum Reader

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HUSD comes out stronger after liquidity issues addressed

HUSD comes out stronger after liquidity issues addressed
<a href="https://www.tronweekly.com/husd-stronger-liquidity-issues-addressed/" title="HUSD comes out stronger after liquidity issues addressed" rel="nofollow"><img width="300" height="200" src="https://ethereumreader.com/wp-content/uploads/2022/08/husd-comes-out-stronger-after-liquidity-issues-addressed.jpg" class="webfeedsFeaturedVisual wp-post-image" alt="HUSD" style="display: block; margin-bottom: 5px; clear:both;max-width: 100%;" link_thumbnail="1" loading="lazy" srcset="https://ethereumreader.com/wp-content/uploads/2022/08/husd-comes-out-stronger-after-liquidity-issues-addressed.jpg 300w, https://ethereumreader.com/wp-content/uploads/2022/08/husd-comes-out-stronger-after-liquidity-issues-addressed-1.jpg 1024w, https://ethereumreader.com/wp-content/uploads/2022/08/husd-comes-out-stronger-after-liquidity-issues-addressed-2.jpg 768w, https://ethereumreader.com/wp-content/uploads/2022/08/husd-comes-out-stronger-after-liquidity-issues-addressed-3.jpg 1536w, https://www.tronweekly.com/wp-content/uploads/2022/08/HUSD-huobi-2048x1365.jpg 2048w" sizes="(max-width: 300px) 100vw, 300px" title="HUSD comes out stronger after liquidity issues addressed 3"></a>Stablecoins including HUSD lost their peg over the past few months, contradicting their concept. It has survived up to this point despite Terra’s irritation with the idea. Another asset lost its peg yesterday as officials worked to supervise the stablecoin market. HUSD, a stablecoin that was formerly supported by Huobi, fell as low as $0.84. […]

HUSDStablecoins including HUSD lost their peg over the past few months, contradicting their concept. It has survived up to this point despite Terra’s irritation with the idea. Another asset lost its peg yesterday as officials worked to supervise the stablecoin market. HUSD, a stablecoin that was formerly supported by Huobi, fell as low as $0.84. […]

Source: tronweekly.com