On March 10th, 2020, the U.S. dollar backed stablecoin HUSD is now available to store, send/receive, spend and exchange from a single place via the imToken Wallet app and trade via TokenIon DEX web DApp. The team behind the HUSD stablecoin is dedicated to making HUSD available on high-quality platforms and liquidity pools for users to easily manage and trade with HUSD. Today, we are excited to add imToken and Tokenlon to the list.
HUSD is issued by Stable Universal and pegged 1:1 to the U.S. Dollar. Each HUSD issued is backed by a corresponding U.S. dollar held in a U.S. trust company. A leading U.S audit firm conducts monthly audits of HUSD Token, and the attestation report is available for public viewing on stcoins.com.
As of today, the total issuance of HUSD has exceeded 650 million with the ATH market cap exceeding 130 million. In addition to providing greater access and options for trading, HUSD has made good progress in payment applications and will continue to expand its application in other financial fields in the future.
On the technical level, HUSD Token is built on the Ethereum protocol, a mature blockchain platform with high degrees of decentralization and security. The Ethereum network is a highly decentralized distributed ledger with any and all on-chain behavior viewed publicly at any node, making it highly transparent, tamper-proof and secure. Through the use of smart contracts on the Ethereum network, HUSD serves as a programmable digital dollar which will be envisioned to become an indispensable infrastructure in next-gen financial networks.
Now, HUSD is listed on TokenIon, the built-in DEX of imToken, with 8 supported trading pairs including ETH/HUSD, imBTC/HUSD, USDT/HUSD, PAX/HUSD, USDC/HUSD, TUSD/HUSD , DAI/HUSD, and BUSD/HUSD. Users can access the latest version of imToken and select the Market tab to begin trading. Tokenlon DEX is also powered by smart contracts and digital signature technology. Rather than deposit assets to trade, users can directly use the smart contract to complete the trade so that transactions become safer and more reliable.
imToken is a popular crypto wallet. In addition to managing digital assets like BTC, ETH, ATOM, EOS, TRX, BCH, and LTC, it enables decentralized crypto trading and DApp browsing in one place.
Official Website: https://www.token.im/
Tokenlon is a leading DEX powered by 0x protocol. It aims to offer a seamless trading experience with competitive rates and speed. Without the need to make a deposit, users maintain the full control of their assets while trading directly from wallets. Users can use Tokenlon directly from the imToken wallet. You can also visit tokenlon.im to use the web version.
Official Website: https://tokenlon.im/