Paxos Unveils USDH Stablecoin to Anchor Hyperliquid Ecosystem and Fuel Aggressive Buybacks

Paxos just dropped a bombshell proposal that could reshape DeFi's stablecoin landscape—introducing USDH, a Hyperliquid-native stablecoin designed to anchor the ecosystem while funding massive token buybacks.

The Mechanics Behind the Move

USDH isn't just another stablecoin—it's a strategic play to deepen liquidity while creating a self-sustaining economic loop. Every transaction fuels a buyback mechanism that directly supports Hyperliquid's native token, creating deflationary pressure that'd make traditional finance bankers sweat.

Why This Changes Everything

Forget relying on external stablecoins—USDH brings native stability to Hyperliquid's leveraged trading and yield farming operations. No more bridging fees, no more cross-chain delays—just pure, ecosystem-native dollar parity that actually benefits token holders through that buyback engine.

Because apparently traditional finance needs another lesson in how to actually align incentives with user value—who knew buybacks could be more than just executive enrichment schemes?