PRESS RELEASE. IOST, an enterprise-grade, decentralized, and ultra-fast network oiled with the Proof-of Believability consensus algorithm, is integrating the HUSD stablecoin, according to an announcement on 13 Jan 2021.
HUSD is a safe and secure dollar-pegged stablecoin issued by Stable Universal Limited. Notably, IOST is the first batch of Public Blockchains to support HUSD. To celebrate this milestone, the two companies are giving away 35k HUSD exclusively for IOST users.
The announcement highlights HUSD’s integration as a significant milestone for IOST to build its growing influence in the DeFi scene.
About HUSD Stablecoin
Issued by fintech company Stable Universal, HUSD is a safe and secure stablecoin pegged 1:1 to the U.S. dollar. Combining the stability of the U.S. dollar with the efficiency of blockchain technology, HUSD offers IOST users access to a safe, secure, and convenient asset for remittance, commerce, payments, trading, and many other use cases.
The integration of HUSD on the IOST blockchain