The crypto industry is abuzz as Hyperliquid prepares to launch a USDH stablecoin, sparking a fierce bidding war among various protocols. Sky, formerly known as MakerDAO, has joined […]
HYPE Token Soars Above $55 as Hyperliquid Nears USDH Stablecoin Launch
Hyperliquid’s native token HYPE experienced a significant surge, reaching a new all-time high of nearly $55 after the announcement of a highly competitive race to launch its USDH […]
Sky Offers 4.85% Yield for Hyperliquid’s USDH Stablecoin, with $25M Investment to Drive DeFi Growth
Crypto platform Sky has proposed a unique solution to boost Hyperliquid’s native stablecoin, USDH. The proposal offers holders of USDH a 4.85% yield on their holdings and includes […]
Sky Enters Race to Build Hyperliquid’s USDH Stablecoin
Sky, the team behind USDS and DAI, has officially entered the competition for Hyperliquid’s native USDH stablecoin. The proposal includes a 4.85% yield on all USDH deposits, access […]
Sky Joins Hyperliquid’s Stablecoin Race with USDH Bid
Sky, formerly known as Maker, has joined the competition to support Hyperliquid’s launch of its stablecoin, USDH. Co-founder Rune Christensen announced the proposal on Monday, highlighting Sky’s backing […]
Sky Aims for USDH Stablecoin Issuance with Hyperliquid Liquidity Boost
Sky, the firm formerly known as MakerDAO, is aiming to issue a stablecoin pegged to the US Dollar (USD) through Hyperliquid’s platform. This move involves securing $2.2 billion […]
Hyperliquid Assigns USDH Ticker Through Onchain Vote
Hyperliquid’s USDH ticker will be assigned through an on-chain validator vote scheduled for September 14, 2025. Teams including Paxos and Frax Finance submitted proposals by September 10, with […]
Stablecoin Competition Heats Up as Hyperliquid Announces USDH Launch
Hyperliquid is gearing up to launch its own stablecoin, USDH, and the race is on for companies vying to issue it. Leading stablecoin issuers Paxos, Frax Finance, and […]
Paxos Labs: Fostering USDH Liquidity and Efficiency
Paxos Labs aims to establish Paxos USDH as a highly liquid and cost-efficient asset within the blockchain ecosystem. Co-founder Bhau emphasized that the proposal prioritizes broad accessibility, with […]
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 […]
Paxos Launches USDH Stablecoin to Boost Hyperliquid Ecosystem
Paxos has unveiled plans to introduce USDH, a novel stablecoin designed specifically for the Hyperliquid ecosystem. This new stablecoin’s core purpose is to redirect yield towards HYPE token […]
Hyperliquid Plans Stablecoin Launch with Community Vote, Impacting HYPE Token
Hyperliquid is launching a new stablecoin, USDH, through community-driven governance voting. This upcoming launch will require validator approval and potentially influence the value of their native token, HYPE.
Hyperliquid Launches Bold USDH Stablecoin Driven by Validator Voting
Hyperliquid is set to launch its own stablecoin, USDH, utilizing validator voting to reshape DeFi market dynamics. The move comes after Hyperliquid accumulated $5.5 billion in USDC deposits […]
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 […]
Hyperliquid Launches USDH Stablecoin, Empowering Decentralized Trading
Hyperliquid is taking a decisive step towards greater decentralized trading by launching its native USDH stablecoin. The project utilizes an open proposal process through its governance framework, primarily […]