Reddit Posts
$USDH bluechip vaults on Kamino looking 🔥
Native Yield and Stablecoins: Hubble Protocol Introduces Stability Fees
New $USDH Whirlpool on Orca doing 584% + a few others doing high double digit APR - Well worth a look 👀
USDH/stSOL = 222% APR :: USDH/USDC = 41.2% APR
Which stablecoin(s) do you use and why? Can we have a discussion about the volatility of all the stablecoins.
USDH vs. Other Stablecoins - Comparing the Best with the Rest 🔎
Mentions
tldr; Hyperliquid's decision to partner with Native Markets for the issuance of the USDH stablecoin has stirred the $160 billion stablecoin market. Native Markets, backed by industry heavyweights, will share 100% of stablecoin revenues with Hyperliquid users, challenging Circle's dominance. The move has sparked speculation about the fairness of the selection process and raised expectations of a price war. HYPE's price has stabilized at $53 after a brief sell-off, with analysts predicting potential downside action in the near term. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
tldr; Circle is preparing to launch a native version of its stablecoin, USD Coin (USDC), on Hyperliquid’s Layer 1 chain, HyperEVM. Test transactions and a $5 million purchase of Hyperliquid’s HYPE token by a Circle-linked wallet suggest deeper integration into the Hyperliquid ecosystem. This move would add HyperEVM to the 24 networks already supporting USDC. However, Hyperliquid's plans to introduce its own stablecoin, USDH, could challenge Circle's dominance, as Hyperliquid currently accounts for 8% of USDC's circulation. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
tldr; Hyperliquid, a decentralized exchange and blockchain, plans to launch USDH, a native stablecoin, to replace USDC in its ecosystem. This has sparked a governance battle among contenders including Stripe, MoonPay-Agora coalition, Paxos, and Frax, each proposing different models for issuance and revenue sharing. The validator vote on September 14, 2025, will decide the issuer, with debates focusing on regulatory compliance, community rewards, and potential conflicts of interest. The decision could reshape Hyperliquid's financial architecture and impact the broader crypto ecosystem. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
tldr; Paxos has proposed the launch of USDH, a Hyperliquid-first stablecoin designed to comply with the GENIUS Act and MiCA standards. The initiative aims to drive adoption and growth within the Hyperliquid ecosystem. Paxos plans to allocate 95% of interest from USDH reserves to buy back Hyperliquid's native token, HYPE, redistributing it to users, validators, and partner protocols. The stablecoin will be deployed across HyperEVM and HyperCore chains, with Paxos leveraging its global infrastructure to distribute USDH and integrate HYPE into its brokerage services. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Next up. Hydro Solar Hydro USDH Stablecoin pegged to USD Solar as SOLA