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Huobi to launch HUSD

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Huobi a well known cryptocurrency exchange based in Korea just announced the launch of their new coin.

The new coin is called HUSD and its said to be not a stable coin but this will paired against other stable coins like Tether and other all etc.

Don't know all of the stable coins but one of them is tether. 

What are your thoughts on this ? 

Source : https://news.bitcoin.com/the-daily-huobi-unveils-husd-new-cryptocurrency-loans-launch/

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I don't know how they think to pair stable coins? Tether shows that isn't that stable. Maybe they trying to copy Binance coin. But coin only on one exchange, let's see.

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