HUSD is a USD-backed stablecoin issued by Stable Universal and pegged 1:1 to the U.S. dollar. The US dollars collateralized for HUSD are held in a U.S. regulated trust company, and an independent auditing firm conducts monthly attestations to verify the 1:1 backing is maintained. Stable Universal is dedicated to making HUSD stable, secure, and safe for our customers. On the technical level, HUSD Token is built on the mature Ethereum (ETH) Network and based on ERC20 standards with high degrees of decentralization and security. The Ethereum network is a highly decentralized distributed ledger with any and all on-chain behavior viewed publicly at any node, making it highly transparent, tamper-proof and secure. A growing number of applications in cryptocurrency trading, digital payments and DeFi has supported HUSD, and HUSD will continue to explore new opportunities to expand applications.