Paxos to Launch Hyperliquid’s First Stablecoin USDH
Paxos has submitted a proposal to launch a fully compliant stablecoin named USDH for the Hyperliquid ecosystem. The initiative, led by the newly formed Paxos Labs, is contingent upon approval from the Hyperliquid community via a validator vote. The proposed stablecoin is designed to accelerate adoption and enterprise integration, moving Hyperliquid beyond its “crypto enthusiast” base […]