USD-Pegged Stablecoin Announced By Huobi, Stable Universal And Paxos
Crypto exchange operator Huobi Group has partnered with crypto startup Stable Universal Limited and crypto custodian Paxos Trust Company to launch a new US dollar-backed stablecoin.
The stablecoin, called HUSD Token, is designed as an ERC-20 token and will be issued by Stable Universal Limited.
