Paxos USDH Stablecoin Proposal Sparks Hope and Doubt in Hyperliquid’s Future

Paxos USDH Stablecoin has been formally proposed as a regulated, Hyperliquid-first digital dollar designed to accelerate adoption, drive ecosystem growth, and challenge existing stablecoin leaders. The move has sparked optimism about Hyperliquid’s next phase, while raising questions about centralization, compliance, and the disruption of established players. Paxos Pushes USDH as Hyperliquid’s Anchor Paxos Labs , […]
