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Hyperliquid’s Newly Launched USDH Stablecoin Sees Over $2M Volume in Early Trading

Hyperliquid’s Newly Launched USDH Stablecoin Sees Over $2M Volume in Early Trading

Author:
Coindesk
Published:
2025-09-24 12:13:31
12
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Hyperliquid's Newly Launched USDH Stablecoin Sees Over $2M Volume in Early Trading

Hyperliquid's USDH stablecoin bursts onto the scene with explosive trading volume.

Early Market Frenzy

The freshly minted stablecoin racked up over $2 million in trading activity within hours of launch—traders flocking to the new asset like crypto tourists to a bull market.

DeFi's Latest Contender

USDH enters an already crowded stablecoin arena, positioning itself as Hyperliquid's answer to decentralized dollar-pegged assets. It bypasses traditional banking channels—cutting out the middlemen who still think blockchain is something you put on a bicycle.

Trading Momentum Builds

That $2 million volume figure signals strong initial demand, proving once again that crypto markets move faster than traditional finance can regulate them. The activity suggests traders are betting big on Hyperliquid's ecosystem play.

Another day, another stablecoin—because what the world really needs is more digital dollars competing for attention while traditional banks still use fax machines.

|Square

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