Name: USDH
SKU: USDH
Price: 0.954962956416 USD

<p><strong>USDH </strong>is the Hubble-issued stablecoin pegged to USD. USDH is backed by a basket of crypto assets, including: SOL, mSOL, BTC, ETH, RAY, SRM, and FTT (with more planned assets in the future). USDH is censorship-resistant, and it has zero exposure to fiat-backed assets.&nbsp;USDH remains pegged to the dollar through a highly efficient arbitrage mechanism facilitated by redeeming USDH on Hubble for collateral assets. Since Hubble charges a one-time fee for minting and redeeming USDH, it’s profitable to arbitrage USDH when its market price rests between the values of 0.995 USD and 1.005 USD.</p><h3>How does USDH compare to other stablecoins?</h3><p>USDH is backed 100% by censorship-resistant crypto assets. Many other stablecoins have points of failure that include exposure to fiat-backing in some way. Additionally, the crypto assets accepted as collateral for USDH are heavily vetted to ensure the longevity of USDH's value.&nbsp;</p><p>Minting USDH also opens up the opportunity to earn yield on deposited assets and earn rewards from depositing in the Stability Pool.</p><h3>Where can I use USDH?</h3><p>USDH is a Solana-native stablecoin that can be used for a range of purposes in DeFi:</p><ul><li>Pairing USDH for liquidity in automated market makers (AMMs)&nbsp;</li><li>Bonding USDH for other tokens&nbsp;</li><li>Holding USDH as a store of value.</li></ul><p>USDH also plays a big part in the Hubble ecosystem — most importantly, USDH is used to repay loans. Users can:</p><ul><li>Deposit their total loaned amount of USDH back into Hubble to instantly close a position.&nbsp;</li><li>Deposit USDH in smaller increments to repay the loan over time. This will also improve the collateral ratio.&nbsp;</li><li>Deposit USDH into Hubble’s Stability Pool to help keep the system healthy and facilitate liquidations (USDH repays loans with a low collateral ratio in exchange for liquidated assets).</li></ul>

USDH

USDH is the Hubble-issued stablecoin pegged to USD and backed by a basket of crypto assets

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Exchange	Pair	Last Price	Change (24H)	High (24h)	Low (24h)	Spread	Volume (24h)

Orca	USDH/USDC	USDC 0.953 $ 0.953	N/A	USDC $ 0.00	USDC $ 0.00	N/A	$ 45.19K USDH 47.41K
Orca	USDH/SAMO	SAMO 105.40 $ 0.939	N/A	SAMO $ 0.00	SAMO $ 0.00	N/A	$ 13.94K USDH 14.86K
Orca	USDH/bSOL	bSOL 0.00578 $ 0.954	N/A	bSOL $ 0.00	bSOL $ 0.00	N/A	$ 11.75K USDH 12.32K
Orca	SOL/USDH	SOL 0.0065 $ 0.955	N/A	USDH $ 0.00	USDH $ 0.00	N/A	$ 10.08K SOL 68.59
Orca	USDH/mSOL	mSOL 0.0055 $ 0.955	N/A	mSOL $ 0.00	mSOL $ 0.00	N/A	$ 3.20K USDH 3.35K
Orca	USDH/HBB	HBB 5.10 $ 0.951	N/A	HBB $ 0.00	HBB $ 0.00	N/A	$ 2.48K USDH 2.60K
Raydium	USDH/USDC	USDC 1.04 $ 1.04	N/A	USDC $ 0.00	USDC $ 0.00	N/A	$ 947.13 USDH 907.96
Raydium	HBB/USDH	HBB 5.10 $ 0.955	N/A	USDH $ 0.00	USDH $ 0.00	N/A	$ 905.68 HBB 4.83K
Orca	USDH/HNT	HNT 0.270 $ 0.950	N/A	HNT $ 0.00	HNT $ 0.00	N/A	$ 229.98 USDH 242.01
Orca	USDH/JitoSOL	JitoSOL 0.00589 $ 0.965	N/A	JitoSOL $ 0.00	JitoSOL $ 0.00	N/A	$ 213.90 USDH 221.68

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