Paxos Ties PayPal to Hyperliquid With USDH Push and $20M Incentives
TLDR: Paxos launched USDH Proposal V2 with PayPal support, HYPE listing, and $20M incentives to expand Hyperliquid globally. The p...
Hyperliquid Faces Tough Competition as Ethena Proposes USDH Plan
TLDR Ethena Labs has become the sixth bidder for Hyperliquid’s USDH stablecoin. Ethena’s proposal includes backing USDH entirely b...
Ethena Joins Race for Hyperliquid's Stablecoin With BlackRock-Backed Proposal
Ethena's proposed stablecoin promises to return 95% of revenue to Hyperliquid’s ecosystem.
Ethena's ENA Rallies to 7-Month High on Binance Listing Fueling $500M Buyback Ho...
Listing the protocol's USDe token on major exchanges like Binance is a key requirement to enable a mechanism to share protocol rev...
Sky Pitches Genius-Compliant USDH Stablecoin With $8B Balance Sheet and 4.85% Yi...
Formerly MakerDAO, Sky joins Paxos, Frax, Agora and Native Markets in the fight for Hyperliquid’s stablecoin contract.
Ethereum Sees $1B Daily Stablecoin Growth, Fueling Network Demand
TLDR: Ethereum stablecoin market cap grew $7B in one week, adding nearly $1B daily, Token Terminal reported. Stablecoin inflows in...
Circle's USDC Market Share 'On a Tear,' Says Wall Street Broker Bernstein
USDC supply has surged to $72.5 billion, 25% ahead of Bernstein’s 2025 estimates.
MegaETH Unveils Native Stablecoin with Ethena, Aiming to Keep Blockchain Fees Lo...
The yield earned on the reserve assets would cover the blockchain's sequencer fees, helping keeping the transaction costs low, Meg...
Tetra Digital Raises $10M to Create a Regulated Canadian Dollar Stablecoin
The firm is targeting an early 2026 launch, backed by investors such as Shopify, Wealthsimple and National Bank.
Paxos Targets Hyperliquid’s Growing Perpetual Futures Market with USDH Stablecoi...
TLDR Paxos has proposed a fully compliant USDH stablecoin for the Hyperliquid ecosystem 95% of interest earned from USDH reserves...