Paxos Launches USDH Proposal V2 with Direct PayPal/Venmo Integration—Game-Changer for Mass Adoption

Paxos just dropped a bombshell—USDH Proposal V2 now bridges directly into PayPal and Venmo's massive user networks. No more hopping through complex crypto exchanges or dealing with clunky wallet addresses.

Seamless Fiat-to-Crypto Onramp

Users can now move dollars in and out of USDH with one-tap convenience. PayPal’s 400M+ active accounts and Venmo’s social-driven payment ecosystem suddenly become gateways to stablecoin liquidity.

Institutional-Grade Compliance Meets Mainstream UX

Paxos isn’t playing around—full regulatory backing, reserve transparency, and now, effortless access. Because let’s be real—if traditional finance won’t fix its settlement times, crypto will just build around it.

This could finally be the killer app that makes stablecoins boringly normal—right before they eat the lunch of every slow-moving legacy bank.

Paxos released USDH Proposal V2 on September 10, outlining three upgrades: HYPE availability on PayPal and Venmo, free USDH on/off-ramps, and $20 million in ecosystem incentives. Paxos will only earn revenue after USDH hits its TVL target, with fees capped at 5% and paid in HYPE. As a regulated stablecoin issuer, Paxos plans compliant global issuance, starting with markets like Europe. The update aims to scale USDH distribution while aligning incentives across users, partners, and builders.