The cryptocurrency market recently witnessed a significant event. The USDH stablecoin has officially commenced trading on Hyperliquid, an innovative perpetuals DEX. This debut quickly generated an impressive initial stablecoin trading volume of $2.2 million. This substantial figure signals strong market interest in the new asset. The Debut of USDH Stablecoin on Hyperliquid Hyperliquid, a prominent […]
The world of decentralized finance (DeFi) constantly seeks stability amidst volatility. A significant development now emerges from the Hyperliquid ecosystem. Native Markets has secured the crucial rights to issue Hyperliquid’s native stablecoin, USDH stablecoin. This move marks a pivotal moment for the platform. It also signals a strategic expansion within the crypto stablecoins landscape. Native […]
The cryptocurrency market often presents unexpected turns. In a significant development, the Ethena team officially announced its withdrawal from the intense competition to issue Hyperliquid’s native stablecoin, USDH. This crucial decision sends ripples through the DeFi ecosystem. It reshapes the landscape for Hyperliquid’s highly anticipated stablecoin launch. Consequently, the focus now shifts dramatically to other […]
The decentralized finance (DeFi) sector constantly evolves, with innovative protocols vying for market share and influence. A significant development recently emerged as **Ethena**, a prominent synthetic dollar protocol, announced a strategic move. Ethena has officially submitted a compelling proposal to secure the crucial **issuance rights** for Hyperliquid’s native stablecoin, **USDH**. This bold initiative could redefine […]
The decentralized finance (DeFi) landscape constantly evolves, introducing innovative solutions. In a significant development, Hyperliquid, a prominent perpetuals DEX, recently announced its plan to launch a native stablecoin named USDH. This strategic move aims to deepen liquidity and enhance the user experience on the platform. The announcement, shared via Discord, immediately captured the attention of […]
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