Paxos Unveils USDH Stablecoin: First Compliant Choice for Hyperliquid Users

U.S.-based stablecoin infrastructure provider Paxos has announced USDH, a novel stablecoin designed to meet regulatory requirements and drive adoption within the Hyperliquid ecosystem. This proposal positions USDH as one of the first stablecoins explicitly aligned with leading global regulatory frameworks like the U.S. GENIUS Act and Europe’s MiCA, ensuring compliance for users worldwide.