USDH Proposal V2: $20M Incentives & PayPal Integration Launch

Paxos has unveiled USDH Proposal V2, marking a significant development for regulated stablecoins. This proposal introduces HYPE listings on PayPal and Venmo, removes transaction fees for on- and off-ramps, unlocks $20 million in ecosystem incentives, and aligns revenue with TVL (total value locked). Paxos’ history of compliance and international licensing under MiCA is the foundation of this expansion. [Source: Paxos] The integration with PayPal allows USDH to tap into global payment rails, promoting mainstream adoption. For users, this partnership removes transaction fees and offers simplified integrations. The initiative builds upon Paxos’ prior experience powering PayPal USD and rewards both companies for driving wider HYPE adoption.