Huobi-Branded HUSD Reveals Breakdown of Reserves: All Held in Cash

Name: Huobi-Branded HUSD Reveals Breakdown of Reserves: All Held in Cash
Uploaded: 2021-08-06T23:07:04Z
Duration: 6 min 386 s
Description: The reserves backing Huobi’s HUSD, the eighth-largest stablecoin by market cap, are revealed to be all held in cash in money market accounts in the U.S. This comes as stablecoin issuers have followed each other in increasing transparency.

Aug 6, 2021

The reserves backing Huobi’s HUSD, the eighth-largest stablecoin by market cap, are revealed to be all held in cash in money market accounts in the U.S. This comes as stablecoin issuers have followed each other in increasing transparency.

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