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Paxos Proposes USDH Stablecoin to Anchor Hyperliquid Ecosystem

Paxos Proposes USDH Stablecoin to Anchor Hyperliquid Ecosystem

Published:
2025-09-07 12:09:01
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BTCCSquare news:

Paxos has unveiled plans to launch USDH, a Hyperliquid-first regulated stablecoin designed to accelerate adoption and enterprise integration within the Hyperliquid ecosystem. The initiative, spearheaded by Paxos Labs, leverages the firm's decade-long expertise in regulated stablecoin issuance and its recent acquisition of Molecular Labs.

USDH will be minted natively on HyperEVM and HyperCore, with multi-jurisdictional compliance features including MiCA/GENIUS claims. The stablecoin aims to enhance onchain liquidity and fund buyback mechanisms, positioning itself as a cornerstone asset for the Hyperliquid network.

|Square

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