Hyperliquid Deploys USDH Through Community-Driven Validator Voting

Hyperliquid is set to launch its native stablecoin, USDH, using a validator voting system tied to a network upgrade. This move signifies the protocol’s commitment to decentralization and transparency, with community governance playing a key role. The announcement has triggered a 3% rally in HYPE token value, reflecting investor confidence in the newly introduced model.