- USDH-50Negative
The Block (@TheBlockCo)
Hyperion DeFi to unwind $29M in HYPE deals with Felix, Native Markets as USDH sunsets https://t.co/mUIkNRbKji
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Hyperion DeFi to unwind $29M in HYPE deals with Felix, Native Markets as USDH sunsets https://t.co/mUIkNRbKji
New assets, $UBTC, $UETH, $kHYPE and $USDH on HyperEVM are all now live on the SODAX SDK. Available for trade to partners across 18+ blockchain networks. Applications building on SODAX pick them up automatically. 🧵
Native Markets is introducing pmUSDH Take a read here on how you will be able to make the most of it from launch. Until then, if you’re moving your USDC from any of our supported chains into USDH on HyperCore, get there with Across with no bridging fees!
Hyperliquid launched its permissionless spot quote asset feature on mainnet, allowing any asset to be set as a quote asset and new trading pairs created via Dutch auctions. USDH is the first such asset, with HYPE/USDH trading now live. More pairs will follow. https://t.co/Ht3ysEzpJf
Hyperliquid’s home-grown stablecoin USDH goes live after Native Markets winning bid https://www.theblock.co/post/372128/hyperliquids-home-grown-stablecoin-usdh-goes-live-after-native-markets-winning-bid?utm_source=twitter&utm_medium=social
Stablecoin issuer Paxos released the USDH Proposal V2 on September 10, featuring three major upgrades: HYPE listed on PayPal/Venmo, USDH free on/off-ramps, and $20 million ecosystem incentives; Paxos can only earn revenue once the TVL target is met, capped at 5%, with all fees paid in HYPE; as a legally authorized stablecoin issuer, Paxos will drive the global issuance of USDH in compliant markets such as Europe. https://t.co/d60W0WHOpG
Paxos pitches PayPal, Venmo rails in bid to issue Hyperliquid USDH stablecoin https://www.theblock.co/post/370135/paxos-update-bid-hyperliquid-usdh?utm_source=twitter&utm_medium=social
Stablecoin company Paxos announced it has submitted a proposal to support Hyperliquid's launch of the USDH stablecoin. USDH issued by Paxos represents global distribution compliant with the GENIUS regulatory framework, with a revenue-sharing mechanism supporting HYPE, the protocol, and validators, ensuring compliance and scale to match Hyperliquid's rapid growth. Paxos stated it will use 95% of the interest generated by its reserves supporting USDH to repurchase HYPE. https://t.co/dLOABitQcR
EXCLUSIVE: .@HermeticaFi, the developers of Bitcoin-based stablecoin $USDh, completed a deal to bring around $3 million in liquidity to the token. By @JamieCrawleyCD trib.al/Qcn4BoT
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