Ethena Labs Withdraws Bid for Hyperliquid’s USDH Stablecoin Amid Pushback

Ethena Labs has withdrawn its proposal to issue Hyperliquid’s upcoming USDH stablecoin, following vocal opposition from the community and ecosystem validators.

The post Ethena Labs Withdraws Bid for Hyperliquid’s USDH Stablecoin Amid Pushback appeared first on Cryptonews.