HonestCoin (USDH)
Details about HonestCoin cryptocurrency
HonestCoin
USDH
Unknown for now
€0
0
Unknown
HonestCoin price charts
USDH exchanges
HonestCoin, the crypto
HonestCoin (USDH) is a stablecoin that is backed 1:1 by US dollars held in escrow by Prime Trust, a regulated financial institution. It is built on the Ethereum blockchain and offers fast, borderless and low-cost transactions.
The point
The main point of HonestCoin (USDH) is to provide a stable and reliable digital asset that is pegged to the US dollar. This can help users avoid the volatility of other cryptocurrencies while still taking advantage of the benefits of blockchain technology, such as fast and low-cost transactions.
The problem
HonestCoin (USDH) tries to solve the problem of volatility that is inherent in many cryptocurrencies. By being backed 1:1 by US dollars, it offers a stable and predictable digital asset that can be used for transactions or investment without fear of huge price swings. This can be especially useful for businesses that need to make or receive payments in a digital currency but don't want to risk losing value due to price fluctuations.
Compare USDH and BTC performance
Timeframe | USDH | BTC |
---|---|---|
1h change | 0 % | -0.158584 % |
24h change | 0 % | 3.27017 % |
7 day change | 0 % | 9.29633 % |
14 day change | 0 % | 2.30959 % |
30 day change | 0 % | 24.6099 % |
200 day change | 7.24 % | 173.296 % |
Year change | -7.6 % | 160.06 % |