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Stablecoin HUSD depegged to $0.30

Another stablecoin loses its peg. After Huobi announced its decision to delist the HUSD stablecoin, it lost its peg down to $0.30. Users will see their funds in HUSD being converted to USDT at a 1:1 ratio. A shift has been seen at Huobi since Tron founder Justin Sun took a senior role at Huobi, pushing his own USDD stablecoin.

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