Paxos Proposes to Issue USDH Stablecoin for Hyperliquid with 95% Revenue Share to HYPE Buyback
Paxos submitted a proposal to problem USDH, Hyperliquid’s first native stablecoin, promising to allocate 95% of curiosity earnings from reserves towards HYPE token buybacks. The blockchain infrastructure supplier is at the moment seen because the main candidate for validator choice due to its acquisition of Molecular Labs and its decade-long stablecoin experience. The proposal comes…
