💲More than 78 percent of Gemini dollars in existence are held in Huobi’s wallets

BlockworksJan 7, 2019 ⋅ 1 min read

According to research from The Block, approximately $70.8 million of Gemini Dollar (GUSD) is held in the wallets of crypto exchange Huobi. In Oct. 2018 Huobi launched HUSD, an all in one stablecoin wrapper that allows users to deposit TrueUSD, Paxos Standard, USD Coin, and GUSD, and then withdraw funds in any of the four options.

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💲More than 78 percent of Gemini dollars in existence are held in Huobi’s wallets

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