What does “Husd” mean on Huobi?

What does \”Husd\” mean on Huobi? According to the market data on Huobi Global as

What does Husd mean on Huobi?

What does “Husd” mean on Huobi? According to the market data on Huobi Global as of 11:00 (GMT+8) on May 19th, the token name on Huobi is Husd.

The price of Husd on Huobi surged by as much as 300% within one hour after its launch, but there has been no significant drop. What does “Husd” mean on Huobi? According to the official website, users who purchase houses on Huobi can store their HSD in the Huobi wallet and conduct transactions using the corresponding wallet address. Based on the amount of user deposits, the user’s check amount is approximately equal to or greater than 1 USDT. If the number of checks obtained by the user after exchange on Huobi is less than 100, a 0.01% handling fee and a 30-day lock-up period will be required.

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