USDH is a crypto-backed, censorship-resistant stable coin.
USDH is a censorship-resistant, crypto-backed stablecoin on Solana used for trading, borrowing, and earning yield in DeFi ecosystems.
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View moreWhat is USDH (USDH)?
USDH is a stablecoin issued by Hubble, pegged to the US dollar. It is backed by a diverse basket of cryptocurrencies including SOL, mSOL, BTC, ETH, RAY, SRM, and FTT, with plans to add more assets in the future. USDH is designed to be censorship-resistant and has no exposure to fiat-backed assets. Its peg to the dollar is maintained through an efficient arbitrage process that involves redeeming USDH on Hubble for collateral assets. Since Hubble charges a one-time fee for minting and redeeming USDH, arbitrage opportunities arise when the market price of USDH stays between 0.995 USD and 1.005 USD. Compared to other stablecoins, USDH is fully backed by censorship-resistant crypto assets, avoiding points of failure associated with fiat-backed stablecoins. The collateral assets for USDH are car...
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USDH price live information
As of now, USDH is trading at 1.000447 USD, with a 24-hour trading volume of approximately 0 USD. The USDH to USD price is updated in real time. Over the past 24 hours, USDH has decreased by 0%. It remains the top-ranked cryptocurrency on CMC.IO, with a market capitalization of about 0 USD. Currently, there are 2 383 990.770523 USDH in circulation out of a maximum supply of 2 383 990.770523 USDH.
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