Huobi Will Soon List PYUSD（Paypal USD）

HTX 2023-08-08 03:21:04

Dear users,

Huobi has always been committed to maintaining friendly communication with high-quality projects and institutions in blockchain industry to jointly promote the development of the industry. Huobi will be the first exchange to support the launch of PYUSD stablecoin, and will provide PYUSD/USDT trading pairs with 0 trading fee permanently. When the market circulation and liquidity conditions are ripe, Huobi will open trading at the first time. Please pay attention to Huobi's subsequent announcement of the opening of PYUSD/USDT.

PayPal USD (PYUSD) is PayPal's stablecoin for transfers and payments in U.S. dollars. PYUSD is issued by the Paxos Trust Company and is 100% backed by U.S. dollar deposits, short-term U.S. treasury bonds, and similar cash equivalents, with a total of 26.9 million PYUSD issued now.

Huobi

August 8, 2023

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Huobi reserves the right in its sole discretion to amend or change or cancel this announcement at any time and for any reasons without prior notice. The above is for information purposes only and Huobi makes no recommendations or guarantees in respect of any virtual asset, product, or promotion on Huobi. Prices of virtual assets are highly volatile and trading virtual assets involves risk. Please read our Risk Reminder text here.

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