Huobi briefly parted from the US dollar due to liquidity issues

Huobi briefly parted from the US dollar due to liquidity issues


Coinnounce
2022-08-20 05:11:35

Crypto exchange platform Huobi’s stablecoin briefly decoupled from the US dollar due to liquidity problems. The stablecoin, HUSD, fell as low as $0.87 before the liquidity crunch was resolved within hours and it was pegged back to the US dollar. At the time of writing this, it is trading at $0.996, an 11% gain on […]