USDH stablecoin

Highlights: Paxos has unveiled a USDH proposal with PayPal integration and an incentive program for adoption. Validators will vote on who will issue the stablecoin in a competitive selection process. Paxos will direct most reserve yield to HYPE token buybacks […]

Highlights: Paxos unveils USDH stablecoin, adhering to U.S. GENIUS Act and Europe’s MiCA. 95% of the USDH reserve interest will buy back HYPE tokens for redistribution. Paxos aims to expand Hyperliquid adoption globally, bridging crypto users and institutions. Stablecoin infrastructure […]