Hyperliquid Launches USDH Stablecoin, Empowering Decentralized Trading

Hyperliquid is taking a decisive step towards greater decentralized trading by launching its native USDH stablecoin. The project utilizes an open proposal process through its governance framework, primarily communicated on the Hyperliquid Discord channel. This launch signals Hyperliquid’s ambition to challenge established stablecoin leaders and increase platform liquidity. 🤝 Key decisions will be made directly via on-chain governance, fostering a more transparent ecosystem.