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Paxos has enhanced its proposal to issue Hyperliquid’s USDH stablecoin with significant backing from PayPal. The partnership includes payment integration, free on/off-ramps, and a $20 million incentive program. This move aims to accelerate global adoption of USDH through established financial networks.
- PayPal will integrate USDH into its payment apps including Venmo and money transfer service Xoom
- $20 million incentive program committed by PayPal to support the Hyperliquid ecosystem growth
- Paxos' EU regulatory compliance enables USDH to circulate in European markets immediately
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Related Tags: Stablecoin