What are the exceptions of HUSD in the cryptocurrency circle (Sol in the cryptocurrency circle)

What are the exceptions of HUSD in the cryptocurrency circle? According to the latest data from CoinMarketCap, there have been more than 200 million bitcoins (worth nearly $2 billion) issued through stablecoins pegged 1:1 to the US dollar, and most of these stablecoins are backed by the dollar, such as PAX, Tether, and Gemini Trust Company.

Public information shows that HUSD is issued by Stable Universal company, which is a compliant stable asset based on the Ethereum blockchain. It is mainly used for payment of transaction fees and related services. It is also one of the most liquid stablecoins globally, and its peg to the US dollar makes it highly influential in the entire digital financial ecosystem.

So, why does this situation occur for users? Because these funds are stored in a secure place and cannot be traced, so when people withdraw funds from exchanges, there may be some risk issues or uncertain situations. Therefore, there is a possibility: if there is not enough money in the user’s account for cross-border transfers, the risk will be greater. (BlockBeats)

SOL in the cryptocurrency circle

According to the news from Sol in the cryptocurrency circle, the SOL ecosystem project on Solana has performed very well since its launch in January. It has attracted more than 4 million followers, ranked 8th in terms of active community addresses; the trading volume has reached over $500 million, with a 24-hour increase of 360%, and its token price has dropped from the peak of nearly 70,000 yuan on February 25th to less than $20. According to official sources, more ecosystem builders will be supported in the future.

It is reported that sol is a token issued on the Polkadot network, which can serve as a digital asset investment and management tool, connecting institutional investors, exchanges, and other roles in different financial fields through Ethereum 2.0-compatible blockchain technology.