Paxos Proposes USDH Stablecoin to Anchor Hyperliquid Ecosystem and Fund Buybacks

Paxos projected issuing USDH, a Hyperliquid‑first regulated stablecoin, aimed astatine accelerating adoption and endeavor integration crossed the Hyperliquid ecosystem. The Paxos Labs initiative, backed by Paxos’s decennary of regulated stablecoin issuance and caller acquisition of Molecular Labs, would mint USDH natively connected HyperEVM and HyperCore, connection multi‑jurisdictional compliance (including MiCA/GENIUS claims), and way onchain and […]