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by: xpoolPosted on: September 9, 2025

Ethena Proposes USDH Stablecoin Issuance on Hyperliquid Platform

Ethena Labs, backed by BlackRock and Anchorage Digital, has proposed to issue a USDH stablecoin on Hyperliquid’s platform. A September 14th validator vote will determine the outcome. This move promises significant revenue returns for the Hyperliquid ecosystem and aims to enhance transparency. Experts anticipate increased adoption of stablecoins in this process.

Related posts:

  1. Hyperliquid Launches USDH Stablecoin Through On-Chain Validator Voting
  2. Paxos Unveils USDH Stablecoin: First Compliant Choice for Hyperliquid Users
  3. Hyperliquid Assigns USDH Ticker Through Onchain Vote
  4. Sky Aims for USDH Stablecoin Issuance with Hyperliquid Liquidity Boost
Hyperliquid Stablecoin USDh

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