About HonestCoin
HonestCoin (USDH) is a fully regulated, 1 : 1 U.S. Dollar-backed stablecoin that can be bought, sold, invested in or spent as freely as you wish.
Volume (24h)
$158.95
0.01 %
Total supply
2,383,991 USDH
Max. supply
8,496,273 USDH
HonestCoin (USDH)
$ 1.00
0.01 %
Main info
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Markets
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Key data
updated $0Market cap$0
Volume 24h$158.95
HonestCoin (USDH) is a stablecoin-style cryptocurrency designed to hold a steady value rather than swing wildly like most digital assets. The idea behind it is simple: give people a digital token they can use for payments, transfers, and savings without constantly checking price charts. You can find full details on the official site at honestcoin.io.
Frequently asked questions
What is HonestCoin and how is it different from Bitcoin?
HonestCoin (USDH) is a value-stable digital currency, while Bitcoin is a volatile asset whose price can change dramatically day to day. The main goal of USDH is to serve as a reliable medium of exchange and a unit of account, not a speculative bet. In short: Bitcoin is often treated as 'digital gold', while USDH aims to work like 'digital cash'.
How does HonestCoin work technically?
USDH runs on blockchain technology, meaning every transaction is recorded on a public, tamper-resistant ledger that anyone can verify. Transfers are processed by a distributed network of computers rather than a single bank or company. This removes the need for intermediaries while keeping the transaction history transparent and auditable.
How is the supply of USDH managed?
The emission of stablecoins typically follows a mechanism tied to demand: new tokens are issued when users bring in assets and burned when tokens are redeemed, keeping supply balanced with actual usage. This prevents both uncontrolled printing and artificial scarcity. For the exact mechanics of USDH issuance, check the documentation on the official site honestcoin.io.
How can I store and use HonestCoin?
Like most cryptocurrencies, USDH is stored in a crypto wallet — either a software wallet on your phone or computer, or a hardware wallet for stronger security. You control access through your private keys or a seed phrase, so keeping that backup safe is essential. Once you have a wallet, you can send and receive USDH anywhere in the world, typically within minutes.