6 days ago

JPMorgan: New Stablecoins Set to Compete with Circle’s USDC in US Market

TLDR JPMorgan analysts report that Circle’s USDC faces growing competition from Tether, Hyperliquid, and fintech companies enterin...

2 weeks ago

Hyperliquid USDH Battle Ends: Ethena Pulls Proposal, Plans hUSDe and HIP-3 Push

TLDR: Ethena Labs withdrew from Hyperliquid’s USDH bid after acknowledging validator and community concerns. Founder Guy Young sai...

2 weeks ago

Why the GENIUS Act, Not State Licenses, Could Decide Hyperliquid’s USDH Future

TLDR: GENIUS Act rules will not be effective until November 2026, leaving current law as the main compliance standard. Stablecoins...

Sep 10, 2025

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...

Sep 09, 2025

Ethena Labs Joins Bid for Hyperliquid’s USDH Stablecoin Control

TLDR Ethena Labs enters the race to control Hyperliquid’s USDH stablecoin alongside five other bidders. Ethena’s proposal includes...

Sep 09, 2025

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...

Sep 08, 2025

Nasdaq-Listed Lion Group Shifts SOL and SUI Assets to HYPE

TLDR Lion Group plans to convert its Solana (SOL) and Sui (SUI) holdings into Hyperliquid (HYPE) tokens over time. The decision fo...

Sep 05, 2025

Hyperliquid Plans USDH Launch, HYPE Token Price Jumps 3%

TLDR Hyperliquid announced that validators will vote on who can launch its native stablecoin USDH. The governance vote for USDH wi...