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Record sog_st_husd
HUSD/HUSD
Also recorded as HUSD, Huobi USD, Stable Universal HUSD
- Lifecycle
- Inactive
- Issuance
- Terminated
- Reference target
- US dollar
- Primary organization
- Stable UniversalNo additional recorded relationship
- Launch
- Not yet recorded
- Redemption
- Issuer Redemption
- Backing
- Fiat and cash equivalents
- Stabilization
- Issuer redemption
- Last review
- 2026-06-14
- Evidence
- 5 source records
Reviewed assessment
Identity and current state
This summary reports reviewed facts and uncertainty. It is not a rating or recommendation.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.
| Name | HUSD |
|---|---|
| Symbol | HUSD |
| Aliases | HUSD, Huobi USD, Stable Universal HUSD |
| Asset class | Stablecoin |
| Lifecycle status | Inactive |
| Issuance status | Terminated |
| Canonical record ID | sog_st_husd |
| Route slug | husd |
| Record confidence | Medium |
| Last reviewed | 2026-06-14 |
- Name
- HUSD
- Symbol
- HUSD
- Aliases
- HUSD, Huobi USD, Stable Universal HUSD
- Asset class
- Stablecoin
- Lifecycle status
- Inactive
- Issuance status
- Terminated
- Canonical record ID
sog_st_husd- Route slug
husd- Record confidence
- Medium
- Last reviewed
- 2026-06-14
Record coverage
| Section | Entries |
|---|---|
| Organizations | 1 |
| Sources | 5 |
| Reserve reports | 0 |
| Reserve components | 2 |
| Model-history events | 0 |
| Regulatory notes | 0 |
| Deployments | 1 |
| Issuer-control actions | 0 |
| Open questions | 2 |
| Events | 1 |
Primary display is a navigation and summary choice only. It does not replace other organizations or imply sole legal responsibility, operational control, reserve custody, or historical continuity.
- Governance
- Centralized
- Primary display organization
- Stable Universal
- Primary display role
- Legal issuer
- Display selection mode
- Deterministic Policy
- Current relationships
- 0
- Ended relationships
- 1
- Unknown relationship state
- 0
- Freeze capability
- 0 recorded yes · 0 recorded no · 1 not recorded
- Blacklist capability
- 0 recorded yes · 0 recorded no · 1 not recorded
- Deployment control-event references
- 0
- Observed issuer-control events
- 0
- Relationship coverage
- 1 recorded relationship
| Organization | Organization category | Regulatory character | Jurisdiction | Role | Display priority | From | Until | Relationship status |
|---|---|---|---|---|---|---|---|---|
| Stable Universal | Company or corporate group | Not recorded in canonical data | Unknown or not publicly resolved | Legal issuer | Primary display | Not yet recorded | Not yet recorded | Ended relationship |
Company or corporate group
Primary displayStable Universal
- Functional role
- Legal issuer
- Relationship status
- Ended relationship
- Regulatory character
- Not recorded in canonical data
- Jurisdiction
- Unknown or not publicly resolved
- From
- Not recorded
- Until
- Not recorded
Mechanism
How the asset works
Reference, backing, stabilization, exit, valuation, and yield remain separate facts.- Reference target
- US dollar
- Reference kind
- Fiat
- Comparison category
- US dollar
- Target value
- 1
- Reference methodology
- HUSD was marketed as a U.S. dollar-backed stablecoin before losing its peg and exchange support in 2022.
- Public backing model
- Fiat and cash equivalents
- Canonical backing types
- Cash, Bank Deposits, Unknown
- Reserve component categories
- Cash, Bank Deposits
- Primary stabilization mechanism
- Issuer redemption
- Recorded model description
- Fiat Reserve Issuer Model
- 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.
Reserve and redemption
Reserve and redemption
Recorded components, disclosures, reports, and redemption conditions remain explicit.Reserve components
- CashCash
- Bank depositsBank Deposits
| Disclosure status | Historical and Incomplete |
|---|---|
| Backing types | Cash, Bank Deposits, Unknown after review |
| Summary | Historical issuer materials and reviewed reserve-account analysis described HUSD as a fiat-backed stablecoin supported by U.S.-dollar reserve accounts. Current reserve composition, custody, attestations, and final asset disposition remain unverified. |
| As of | Not yet recorded |
| Profile confidence | Medium |
- Disclosure status
- Historical and Incomplete
- Backing types
- Cash, Bank Deposits, Unknown after review
- Summary
- Historical issuer materials and reviewed reserve-account analysis described HUSD as a fiat-backed stablecoin supported by U.S.-dollar reserve accounts. Current reserve composition, custody, attestations, and final asset disposition remain unverified.
- As of
- Not yet recorded
- Profile confidence
- Medium
| Current status | Unknown after review |
|---|---|
| Settlement asset | Historically U.S. dollars through Stable Universal issuer processes |
| Eligible parties | Historical verified issuer-account holders subject to compliance requirements; current eligibility and service availability are unconfirmed. |
| Retail access | Unknown after review |
| Institutional access | Unknown after review |
| Minimum amount | Unknown. |
| Fee | Unknown. |
| Settlement time | Unknown. |
| Regional limits | Historical issuer compliance and eligibility restrictions applied., Current direct-redemption availability and jurisdiction scope are unconfirmed. |
- Current status
- Unknown after review
- Settlement asset
- Historically U.S. dollars through Stable Universal issuer processes
- Eligible parties
- Historical verified issuer-account holders subject to compliance requirements; current eligibility and service availability are unconfirmed.
- Retail access
- Unknown after review
- Institutional access
- Unknown after review
- Minimum amount
- Unknown.
- Fee
- Unknown.
- Settlement time
- Unknown.
- Regional limits
- Historical issuer compliance and eligibility restrictions applied., Current direct-redemption availability and jurisdiction scope are unconfirmed.
| Date | Publisher | Type | Assets covered | Record confidence |
|---|---|---|---|---|
| No reserve reports have been added yet. | ||||
No reserve reports have been added yet.
Deployments and legal context
Deployments and legal context
Network state, contract identity, legal notices, and value states remain separate.| Network | Network record state | Standard | Public deployment category | Canonical deployment type | Operational state | Recorded status | Change or proposal state | Canonicality | Canonicality record state | Verification state | Contract identity state | Contract or identifier | Freeze | Blacklist | Control events | Notes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Ethereum | Specific network recorded | ERC-20 | Technical-standard record | Erc20 | Inactive or historical | Historical Explorer Reference | No separate change state recorded | Legacy deployment | Canonicality recorded | Identifier recorded; verification not recorded | Identifier recorded | 0xdf574c24545e5ffecb9a659c229253d4111d87e1 | Not yet recorded | Not yet recorded | 0 | Historical HUSD Ethereum contract reference. Explorer evidence confirms the token contract; current issuer support and redemption status are not inferred. |
| Date | Title | Authority / publisher | Type | Summary |
|---|---|---|---|---|
| No regulatory notes have been added yet. | ||||
No regulatory notes have been added yet.
Evidence
Evidence
Publisher, provenance, supported claims, archive state, reliability, and publication date remain separate.| Source | Publisher | Source category | Provenance | Primary or secondary | Supported claims | Archive | Reliability |
|---|---|---|---|---|---|---|---|
| HUSD (HUSD) on Etherscan Published Not yet recorded | Etherscan | On-chain record or explorer Canonical: Explorer | Technical primary source | Primary source | Ethereum HUSD token contract reference | No archive recorded | High |
| Archived HUSD product and issuer materials Published Not yet recorded | Stable Universal / archived website | Archive or historical record Canonical: Archived Official Site | Archive capture | Primary source | Historical Entity and Issuer, Reserve Claim, Redemption Claim | Archive index or wildcard | Medium |
| Stablecoin HUSD plunges after Huobi delisting Published 2022-10-28 | CoinDesk | Independent news or analysis Canonical: News Article | Independent third-party source | Secondary source | Depeg Event, Market Price, Event Date | Archive index or wildcard | High |
| HUSD historical market and contract reference Published Not yet recorded | CoinGecko | Data or market reference Canonical: Market Reference | Data or market aggregator | Secondary source | Historical Market State, Contract Identity, Inactive Market Context | Archive index or wildcard | Medium |
| The Private Law of Stablecoins — HUSD reserve-account analysis Published Not yet recorded | Arizona State Law Journal | Research or security report Canonical: Research Report | Independent third-party source | Secondary source | January 2022 Attestation, Reserve Account Language, Source No Longer Public, Historical Attestation Existence and Source Status | Archive index or wildcard | High |
Known unknowns
Known unknowns and coverage
Missing or disputed facts remain visible instead of being converted into certainty.| Topic | What remains unclear | Value state | 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. | Unknown after review | High | 2026-06-25 |
| Signed Attestation Reserve and Redemption Outcome | Monthly HUSD attestations and a January 2022 Reserve Accounts Report are historically identified, but the original signed report, measurement boundary, token-supply comparison, reserve-account balance, remaining liabilities, redemption availability, and final backing disposition remain unrecovered. | Unknown after review | High | 2026-06-25 |
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.
- Value state
- Unknown after review
- Priority
- High
- Last checked
- 2026-06-25
Signed Attestation Reserve and Redemption Outcome
Monthly HUSD attestations and a January 2022 Reserve Accounts Report are historically identified, but the original signed report, measurement boundary, token-supply comparison, reserve-account balance, remaining liabilities, redemption availability, and final backing disposition remain unrecovered.
- Value state
- Unknown after review
- Priority
- High
- Last checked
- 2026-06-25
Lifecycle
History
Current classification remains separate from dated changes and incidents.Model and lifecycle changes
No separate model-change event is currently recorded.
| Date | Event | Category | Subtype | Status effect | Recovery |
|---|---|---|---|---|---|
| 2022-10-28 | HUSD suffers a severe depeg after exchange support is removed | Depeg and peg stress | Depeg | Became inactive | Not recovered |
Related records and corrections
Corrections and further reading
Open connected records, methodology, machine-readable data, or report a correction.- All stablecoinsCompare this record with the rest of the archive.
- Stable UniversalUnknown or not publicly resolved
- Event registry1 connected event recorded.
- MethodologyRead classification, evidence, and value-state rules.
- CorrectionsReport a source, relationship, or record problem.
- Data manifestInspect the machine-readable public layer.