Huobi Exchange Delists USDD Trading Pairs for Numerous Altcoins

Huobi Exchange, run by the contentious figure of the crypto world, Justin Sun, made a significant announcement affecting many altcoins. Sun, who acquired Huobi last year and initially concealed this information, is now signing off on an important decision. But why? “USDD Pairs Are Being Removed” Last year, Huobi was sold to Justin Sun, who subsequently took some significant steps. The announcement of USDD, possessing a similar mechanism to the crashed algo-stablecoin UST, came during the days of its downfall. The new stablecoin, which has struggled to stay above $1 so far, also failed to attract the expected interest. As a result of this indifference, Huobi Exchange made the necessary decision. On Monday, the crypto exchange Huobi announced plans to delist ten trading pairs as part of an effort to offer its users a “better trading experience.” According to a Bloomberg report, the trading pairs that will lose their USDD […] The post Huobi Exchange Delists USDD Trading Pairs for Numerous Altcoins appeared first on COINTURK NEWS.