1. Home
  2. attestation reports

attestation reports

Binance and Paxos-Backed Stablecoin BUSD’s Market Cap Climbs 22% in 2 Months

Binance and Paxos-Backed Stablecoin BUSD’s Market Cap Climbs 22% in 2 MonthsIn mid-August, or 68 days ago, the market capitalization of the stablecoin BUSD was approximately $17.7 billion and since then, its grown 22.88% higher to today’s $21.78 billion. BUSD’s growth comes at a time when the market valuations of the top two stablecoins tether and usd coin have shed some excess weight. While Tether and […]

A Theoretical Look at What Could Happen If Trump Creates a US Bitcoin Reserve

Huobi Stablecoin Issuer Publishes Attestation Reports Tied to HUSD Reserve Backing

Huobi Stablecoin Issuer Publishes Attestation Reports Tied to HUSD Reserve BackingThe crypto financial services company Huobi and the firm’s stablecoin issuer Stable Universal have published monthly HUSD attestation reports. The audits indicate the funds that back Huobi’s stablecoin are kept in cash in U.S. money market accounts in order to ensure the 1:1 ratio with USD. HUSD Monthly Attestations On Thursday, more than $117 billion […]

A Theoretical Look at What Could Happen If Trump Creates a US Bitcoin Reserve