Stablecoin record
HUSD
Former US dollar stablecoin associated with Stable Universal and distributed through Huobi. It lost its peg during October 2022 and was delisted by Huobi; current issuance and redemption are not confirmed.
LifecycleInactive
Events1
Sources3
| Symbol | HUSD |
|---|---|
| Asset class | Stablecoin |
| Reference target | Fiat |
| Redemption / exit model | Issuer Redemption |
| Valuation source | Historical issuer claims, exchange notices, and market pricing |
| Yield / rebase profile | No recorded change · Accrual: No recorded change |
| Classification notes | Inactive rather than collapsed because the surviving evidence does not fully establish the final reserve and redemption disposition. |
| Lifecycle status | Inactive |
| Issuance status | Terminated |
| Peg reference | Fiat · USD |
| Backing types | Cash, Bank Deposits, Unknown |
| Stabilization | Issuer Redemption |
| Governance | Centralized |
| Primary organization | Stable Universal |
| Primary role | Legal Issuer |
| Last reviewed | 2026-06-14 |
| Organization | Role | From | Until | Relationship status |
|---|---|---|---|---|
| Stable Universal | Legal Issuer | — | — | Ended |
All stablecoins
Compare this record with the rest of the archive.
Stable Universal
Stablecoin Company · Unknown
Event history
1 event connected to this stablecoin.
| Disclosure status | Historical and Incomplete |
|---|---|
| Backing types | Cash, Bank Deposits, Unknown |
| Summary | Historical descriptions presented HUSD as a fiat-backed stablecoin. Current reserve composition, custodian state, attestations, and final asset disposition could not be verified from durable primary sources. |
| As of | — |
| Profile confidence | Low |
| Current status | Unknown |
|---|---|
| Settlement asset | Historically U.S. dollars through issuer processes |
| Eligible parties | Historical issuer-account and compliance requirements applied; current eligibility is unconfirmed. |
| Retail access | Unknown or Unavailable |
| Institutional access | Unknown or Unavailable |
| Minimum amount | Unknown. |
| Fee | Unknown. |
| Settlement time | Unknown. |
| Regional limits | Historical compliance restrictions applied., Current direct-redemption availability is unconfirmed. |
| Section | Entries |
|---|---|
| Organizations | 1 |
| Sources | 3 |
| Reserve reports | 0 |
| Regulatory notes | 0 |
| Deployments | 0 |
| Issuer-control actions | 0 |
| Open questions | 2 |
| Events | 1 |
| Date | Event | Type | Detail kind | Recovered |
|---|---|---|---|---|
| 2022-10-28 | HUSD suffers a severe depeg after exchange support is removed | Depeg | Depeg | Not Recovered |
| Date | Publisher | Type | Assets covered | Record confidence |
|---|---|---|---|---|
| No reserve reports have been added yet. | ||||
| Date | Title | Authority / publisher | Type | Summary |
|---|---|---|---|---|
| No regulatory notes have been added yet. | ||||
| Chain | Standard | Deployment | Status | Freeze | Blacklist | Control events | Contract | Notes |
|---|---|---|---|---|---|---|---|---|
| No deployment records have been added yet. | ||||||||
| Source | Publisher | Type | Evidence scope | Reliability |
|---|---|---|---|---|
| Archived HUSD product and issuer materials | Stable Universal / archived website | Archived Official Site | Historical Entity and Issuer, Reserve Claim, Redemption Claim | Medium |
| Stablecoin HUSD plunges after Huobi delisting | CoinDesk | News Article | Depeg Event, Market Price, Event Date | High |
| HUSD historical market and contract reference | CoinGecko | Market Reference | Historical Market State, Contract Identity, Inactive Market Context | Medium |
| Topic | What remains unclear | Priority | Last checked |
|---|---|---|---|
| Final Issuer and Legal Entity State | The final legal status of Stable Universal and the complete division of responsibilities among issuer, custodian, and exchange-distribution partners remain incompletely documented. | High | 2026-06-14 |
| Reserve and Redemption Outcome | Current reserves, remaining token liabilities, direct-redemption availability, and the final disposition of HUSD backing could not be verified from durable primary sources. | High | 2026-06-14 |