Paxos USDH Proposal V2 Released: PayPal & Venmo Join Hyperliquid
Paxos has unveiled Version 2 of its USDH proposal, marking a significant milestone in stablecoin innovation. The integration of PayPal and Venmo into Hyperliquid's ecosystem signals growing institutional adoption of blockchain-based payment solutions.
The collaboration between traditional finance giants and decentralized platforms underscores the accelerating convergence of legacy and crypto-native systems. This development arrives as stablecoins continue gaining traction for cross-border settlements and institutional liquidity management.