September 13, 2025

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Inside the Hyperliquid stablecoin race: The companies vying for USDH

1 min read
Inside the Hyperliquid stablecoin race: The companies vying for USDH

Inside the Hyperliquid stablecoin race: The companies vying for USDH

Hyperliquid’s first stablecoin vote has drawn bids from Paxos, Frax, Sky, Agora and newcomer Native Markets, with billions in trading volume and stablecoin flows on the line.