Inside the Hyperliquid stablecoin race: The companies vying for USDH
Hyperliquid’s first stablecoin vote has drawn bids from Paxos, Frax, Sky, Agora and newcomer Native Markets, with billions in trading volume and stablecoin flows on the line.
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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Hyperliquid’s first stablecoin vote has drawn bids from Paxos, Frax, Sky, Agora and newcomer Native Markets, with billions in trading volume and stablecoin flows on the line.
Why this matters
This altcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
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Read on CointelegraphRelated market context
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