- Medium of Exchange
- Asset-Backed Stablecoin
- USD Stablecoin
HUSD Token is issued by Stable Universal, with a 1:1 USD peg. Paxos Trust Company will act as the USD asset custodian, and HUSD Token will be subject to a monthly attestations.
To assign a comfort level investing in HUSD from a halal perspective we need to determine whether it has a net positive or negative impact.
Towards this end, the table below is used to tally all the positive and negative considerations our members can think of related to HUSD.
If you don’t see something that should be listed, positive or negative, feel free to submit your own contribution using the button “Contribute”.
We will review your contribution for accuracy before publication.
Importantly, you can review listed contributions and vote on which one you think has the greatest impact, positive or negative.
You only have one vote per asset so use it wisely.
You can change your vote if you change your mind.