Hyperliquid's USDH Stablecoin: A Bidding War Heats Up
Update: 2025-09-10
Description
Hyperliquid's USDH stablecoin is sparking a fierce battle! Fintech giants like Paxos, Curve, and Ethena are vying for the chance to create it, but Native Markets is the front-runner with strong validator support. Will Paxos's PayPal integration and $20M incentive package be enough to steal the win? All eyes are on the community vote after Hyperliquid's next upgrade.
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