Dear HUSD Customers,
We are happy to announce that Huobi Trust, a Nevada state-chartered retail trust company, will take over the role of primary custodian for the assets backing the HUSD Token on 07/09/2021. This exciting partnership is a key contributor to our long-term roadmap toward the growth and scaling of our global stablecoin business in a regulated environment.
Due to the new custodial arrangement, Stable Universal’s bank account information will be changed on July 9th, 2021. Following a brief suspension for maintenance, the new bank information and Memo ID will be reflected on the website after the transition is complete. To view the updated bank account information, please log in to your Stcoins account on July 9th and visit the [USD Deposit] page under [Asset Management]. For instructions on how to deposit USD via stcoins.com, please visit this guide.
**Please note that, from 11 AM ET on July 9th, 2021, all deposits must be remitted to the new bank account, otherwise the deposit will be automatically refunded to the original remitting account. In order to avoid any inconveniences, please ensure that you update the remittance account information accordingly and pay attention to the international transfer revenue time, so that the funds can be posted.
If you experience any issues or have any concerns on the change, please contact our support team at firstname.lastname@example.org.
About Huobi Trust
Huobi Trust Company (“Huobi Trust”) is a Nevada state-chartered retail trust company, licensed by the Nevada Department of Business and Industry’s Financial Institutions Division, with a mission to deliver secure financial solutions built on blockchain technology. Huobi Trust is led by a team of highly qualified individuals headquartered in Las Vegas, Nevada. It is a wholly owned subsidiary of Huobi Technology Holdings Limited (1611 .HK), a publicly listed company in Hong Kong. For more information, please visit www.huobitrust.com.