Paxos Labs: Fostering USDH Liquidity and Efficiency

Paxos Labs aims to establish Paxos USDH as a highly liquid and cost-efficient asset within the blockchain ecosystem. Co-founder Bhau emphasized that the proposal prioritizes broad accessibility, with no pre-determined partnerships. Instead, the focus is on creating robust infrastructure that empowers various stakeholders to utilize USDH effectively. This includes gateways, DeFi protocols, fintech applications, and payment providers. Notable collaborations such as those with Rain and LayerZero have already proven promising in this endeavor.