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USDH to Update Stability Fee on December 12th

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USDH has announced a change in its stability fee due to the recent surge in minting of the cryptocurrency. To keep the peg in line with current stablecoin rates, the stability fee will be increased from 1% to 2.5%. This change will take effect on December 12th.

Event date: December 12, 2023 UTC
Hubble Protocol
@HubbleProtocol
$USDH Minting has seen a rapid increase over the past week

Due to this increased demand, and to maintain the peg alongside current stablecoin rates, the $USDH Stability Fee will be raised from 1% to 2.5% on tuesday, december 12th
USDH Price Changes After Event Publication
3.42%
1 day
3.63%
2 days
1.45%
Now (Added 11 months ago)
The event is about to begin
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