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Haven is launching xUSD on July 20th

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Published: 04 Jul 2020 › Updated: 04 Jul 2020Haven is launching xUSD on July 20th

Haven is launching xUSD on July 20th

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The Haven team has announced they will launch the first private stablecoin, xUSD, on Haven’s mainnet on July 20, 2020. This is exciting news because it bring a new coin into the mix. And it's one directly tied to USD as well.

The launch will require a hard fork of Haven’s chain to implement the xUSD exchange code. After xUSD launch, the circulating supplies of XHV and xUSD will fluctuate dynamically as a result of the mint and burn process at the core of Haven’s protocol.
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