Nexo expands its core offering with HUSD

Nexo, a leading regulated financial institution for digital assets, now offers its users access to HUSD as it integrates the stablecoin on its platform.

First Published by e-Forex News: September, 2020

Antoni Trenchev
Antoni Trenchev

Nexo, a leading regulated financial institution for digital assets, now offers its users access to HUSD as it integrates the stablecoin on its platform. This comes after Nexo’s long-term collaboration with Huobi, which started in March 2019 and last week saw the exchange list NEXO Token and USDT as an official trading pair on Huobi Global. “The HUSD integration on Nexo solidifies our partnership with Huobi and Stable Universal as they offer incontestable benefits to both our communities. For the very first time, HUSD holders can earn interest on and use HUSD as a collateral and a repayment option for their fiat loans. This is a great opportunity to gain exposure to the growing Huobi & HUSD ecosystem and further tap into the experienced Asian cryptocurrency market,” said Antoni Trenchev, Co-founder and Managing Partner of Nexo.