Paxos Labs has unveiled a significant update to its USDH (stablecoin) proposal, introducing the USDH Proposal V2, coupled with an integration partnership with PayPal. This initiative aims to […]
Paxos Proposes PayPal Integration for USDH Stablecoin, Driving Competition
Paxos’s revised proposal for a stablecoin pegged to the US dollar (USDH) highlights PayPal as a key driver of its success. By leveraging PayPal’s vast user base through […]
Hyperliquid Price Soars 24% Driven by Ethena’s USDH Bid
The Hyperliquid cryptocurrency has surged by 24% in the past week, reaching $55.27 as of early morning EST on September 10, 2025. This rise coincides with news that […]
Ethena Submits Proposal for BlackRock-Backed USDH Stablecoin on Hyperliquid
Ethena has proposed to issue Hyperliquid’s native USDH stablecoin, backed by Anchorage Digital Bank and BlackRock’s BUIDL fund. The proposal emphasizes institutional credibility, community revenue sharing, and a […]
Paxos Unveils New Proposal for USDH Stablecoin Launch
Paxos Labs, a leader in blockchain and fintech solutions, has unveiled an updated proposal to secure the USDH stablecoin launch through Hyperliquid. Following their initial bid on September […]
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 […]
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 […]
Hyperliquid’s USDH: A New Wave of Stablecoin Competition
Hyperliquid is entering the stablecoin arena with a bold proposition: USDH, a dollar-pegged stablecoin designed for community engagement and growth. This innovative stablecoin aims to reduce reliance on […]
PayPal & Venmo Join Forces with Paxos to Enhance USDH Stablecoin
Paxos Labs has unveiled a new plan for the USDH stablecoin, developed by Hyperliquid. This revised proposal prioritizes partnerships with PayPal and Venmo. Following today’s competitive bidding process […]
PayPal & Paxos Enter the Race to Issue Hyperliquid’s USDH Stablecoin
A major shake-up in the stablecoin world is brewing as industry giants PayPal and Paxos have entered the race for the rights to issue Hyperliquid’s USDH stablecoin. This […]
Ethena Labs Enters Race to Issue Hyperliquid’s USDH Stablecoin
Ethena Labs has thrown its hat into the ring to become the issuer of Hyperliquid’s stablecoin, USDH, promising substantial returns and institutional backing. The company officially submitted a […]
USDH Integration Gains Momentum with PayPal and Venmo Partnerships
Paxos has announced exciting news regarding its USDH Proposal V2. The proposal has been integrated with the PayPal and Venmo ecosystems, along with a $20 million incentive package […]
HYPE Soars to New All-Time High of $55.52 as USDH Stablecoin Competition Intensifies
Hyperliquid’s native token, HYPE, reached a new all-time high of $55.52 on September 9th, fueled by a surge of 18% from its previous day’s opening price. This rally […]
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 […]
Ethena Invests in Hyperliquid’s New Stablecoin with BlackRock Backing
In a move that signals the growing prominence of institutional finance within decentralized finance, Ethena Labs has proposed to issue Hyperliquid’s new native stablecoin, USDH. Backed by BlackRock, […]