💱 Huobi's US exchange sees 30% boost in trading for tether alternative

HBUS, the U.S. affiliate of the Singapore-based Huobi exchange, is reporting a significant increase in trades between tether ($USDT) and a newer alternative called TrueUSD ($TUSD). "For deposits, users are transferring their USDT into HBUS from other exchanges to take advantage of our USDT/TUSD trading pair,” a spokesperson said. “There has been over a 30 [percent] increase in trading on the TUSD/USDT pair over the last two days."