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Tag Archives: HuoBi

Huobi Upgrades HUSD to USD-pegged HUSD Token

Jul 18, 2019

Vincent He

Top cryptocurrency exchange Huobi is upgrading its current HUSD solution, transitioning it from a stablecoin basket to a new, USD-pegged stablecoin, HUSD Token. Huobi is going to move from using its HUSD token in the existing stablecoin-based system to a system that will see it...

Huobi Burns 116 Percent More Tokens Amid Quarterly Revenue Gains

Jul 16, 2019

Vincent He

Huobi, a major Chinese cryptocurrency exchange, has taken steps to reduce the supply of the token that powers its decentralized platform, Huobi Token (HT), in a quarterly burning event. The exchange removed 14,011,700 tokens from a 310,318,300 market supply, at a rate that is 116 percent...