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Following HBTC, Huobi Global to launch the H-token series on Ethereum

LONDON, Sept. 13, 2020 /PRNewswire/ --A Huobi Global announces today the H-token series - a suite of assets that are issued on Ethereum and backed by cryptocurrencies from other blockchains to bring more digital assets to the Ethereum DeFi ecosystem.Simple Facts of H-Token SeriesA In February 2020, Huobi Global launched HBTC, an Ethereum-based token that can beA  1:1 exchanged for BTC. A design like HBTC, which aims to be the bridge between the centralized and decentralized finance, ensures that users do not lose the value of BTC while enjoying the flexibility of Ethereum.A Today, approximately 5,000 HBTC has been minted, and these tokens enable users to seamlessly access decentralized protocols such as Uniswap, Curve, Balancer, Nest, and ForTube. In the near future, HBTC will also be used as DAI collateral on MakerDAO. HBTC's growing use cases prove that its value has been recognized by the market.A At today's launch, Huobi Global will provide three H-tokens, including DOT, LTC, and BCH. The combined market cap of these assets has approximated $1.1 billion and they are welcomed by crypto enthusiasts around the world.A 
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