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The definition of a cryptocurrency is a digital asset containing cryptographic protocols that make transactions secure and immutable. Cryptocurrencies are built on top of distributed ledger technology, blockchain — which allows it to be decentralized and immune to government control and interference. Transactions involving cryptocurrencies involve public and private keys, enabling minimal processing fees, allowing users to be able to make transfers without traditional third-party institutions.

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HUSD Stablecoin Drops 56% From Dollar Peg Following Huobi Delisting

According to CoinMarketCap, HUSD stablecoin has fallen massively from its $1 peg, dropping to a low of $0.32 following delisting from crypto exchange Huobi on Friday last week.

by Nicholas Otieno
Nov 01, 2022

CRYPTOCURRENCY

HUSD Stablecoin Drops 56% From Dollar Peg Following Huobi Delisting

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