USDH is a stablecoin backed by crypto assets and pegged to the US Dollar. It is censorship-resistant and fully collateralized by a basket of crypto assets stored in a Hubble Smart Contract. USDH is native to Solana and can be stored in any Solana wallet. For every 1 USDH in circulation, more than $1 worth of crypto assets is deposited into Hubble. All USDH is minted from the Hubble Protocol, allowing users to mint USDH by depositing their crypto assets as collateral. This process increases the circulation of USDH.