Paxos Launches USDH V2 With PayPal Integration & $20 Million Incentives

Paxos’ updated USDH Proposal V2, released on September 10th, marks a significant advancement for the USDH ecosystem. This version features a PayPal and Venmo listing via HYPE token integration, along with free on/off-ramps and $20 million in incentives to drive adoption. The revenue model relies on TVL thresholds, capped at 5%. This initiative aims to fuel USDH’s growth in compliant global markets.