This article was prepared using automated systems that process publicly available information. It may contain inaccuracies or omissions and is provided for informational purposes only. Nothing herein constitutes financial, investment, legal, or tax advice.
Native Markets has secured the USDH stablecoin ticker following a decisive Hyperliquid governance vote. The startup outperformed established rivals like Paxos and Ethena with validator support pushing prediction odds above 90%. The win positions USDH to challenge dominant stablecoins USDC and USDT.
- Reserve yield will be split equally between Hyperliquid's Assistance Fund and ecosystem growth initiatives
- Initial rollout includes transaction caps of ~$800 to stress-test the system before full deployment
- Backers include operators and investors with track records at Uniswap Labs, Paradigm, and Polychain
📎 Related coverage from: decrypt.co
Related Tags: BlackRock Stablecoin
Other Tags: Ethena, Tether (USDT), USDC, Paradigm, DeFi, Hyperliquid, Paxos, Polychain, Superstate, Uniswap Labs