What Is HUSD? (ONT) Complete Guide & Review About HUSD


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What Is HUSD

HUSD price today is $0.999886 USD with a 24-hour trading volume of $203,371,694 USD. HUSD is down 0.13% in the last 24 hours. The current CoinMarketCap ranking is #68, with a market cap of $436,954,505 USD. It has a circulating supply of 437,004,296 HUSD coins and the max. supply is not available.

The top exchanges for trading in HUSD are currently Hoo, Hotbit, Tokenlon, Huobi Korea, and 0x Protocol. You can find others listed on the crypto exchanges page.HUSD is an ERC-20 token that is 1:1 ratio pegged with USD. It was issued by Stable Universal, an entity that claims to follow US regulations. Combining the stability of the U.S. dollar with the efficiency of blockchain technology, HUSD is designed to be secure, liquid and convenient.

HUSD Key Points

How to get USD

Register or log in to your HUSD account 

Verify your identity

Redeem your HUSD 

Place an order to withdraw USD

How to Make a USD Withdrawal to Bank Account

Step 1). Log in your account and select [Link Bank Account] under [User Center] in the upper right-hand corner. Head to the [Bank Accounts] page. (Note: Your account must be verified in order to withdraw USD);

Step 2). Fill in the required information to link a new bank account;

Step 3). Select [Crypto Assets Management ] in the upper right-hand corner and head to the [USD Withdrawal] page on the left side. Select a withdrawal method and the bank account to withdraw to, fill in the withdrawal amount and click [submit] to submit the USD withdrawal order (Note: You can turn on the auto withdrawal function to automatically initiate a USD withdrawal order when HUSD is deposited into your redemption address and redeemed to your account); How to Enable Automatic Purchase and Withdrawal?

Step 4). Confirm the withdrawal details. It generally takes 10 minutes for a withdrawal order to be reviewed. (Note: You can only cancel a withdrawal order before it has been reviewed. Following review completion, the withdrawal order may no longer be canceled);

Why Choose HUSD ?

HUSD is an ERC-20 token pegged 1:1 to the U.S. dollar. It is designed to be easily redeemable and provides a tool for holders to reduce volatility when participating in the cryptocurrency market.

Secure and Attested

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. To ensure the 1:1 backing is maintained, monthly audits of HUSD are conducted by an independent US audit firm.

Safe and Reliable

HUSD is a token built on the Ethereum network, with high degrees of decentralization and security. Stable Universal has brought onboard talented developers from the industry to provide users with safe and reliable services.

Widespread Usage

HUSD Cryptocurrency, like many other stablecoins, was designed for price stability, which attracts a more mature audience and is more easily accepted by global markets. Users can also use HUSD as a way to pay for goods and services.

Attestation Reports

To ensure each HUSD is backed by U.S. dollars at a 1:1 ratio, a monthly audit of HUSD is conducted by an independent US accounting firm to verify that the HUSD tokens in circulation are consistent with the amount of USD held in reserve accounts at U.S. banks.
Every attestation report that has been published since the launch of HUSD Token can be viewed below.

HUSD-Brand Assets Page

The HUSD logo is made up by a glyph and a lettermark. It is the universal signature in all of our communications.

To maintain the consistency of HUSD brand, please only use the files and follow the guidance on usage provided on this page. Please do not edit, change, distort, recolor, or reconfigure the logo files.

Please do not use the name, logos, glyphs, lettermarks or screenshots in ways that may be confusing, misleading, or suggest potential sponsorship, endorsement, or affiliation.

Horizontal logos

These are the official HUSD Logos, these are the logos that are generally used.

Stacked logos

When the allotted width is limited, you can use the stacked logo version.

Glyph logos

When space is limited, you can use only the brand glyphs.

Anti-Money Laundering/Know Your Customer (AML/KYC)

By agreeing to the Terms and Conditions, Members also acknowledge that the Company has implemented an AML/KYC program summarized hereafter. All capitalized terms not defined herein shall have the meaning ascribed to them in the Terms and Conditions, as applicable.

The Company protects itself and fights against money laundering, terrorist financing or OFAC sanctioned subjects and activities by establishing the following:

  1. A system of internal controls designed to assure ongoing AML compliance;
  2. Independent testing of AML compliance through an annual, independent AML audit;
  3. Designation of a Compliance Officer for managing AML Compliance; and
  4. AML training for employees;
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