USDH : HyperStake endorses Native Markets

The recent USDH proposals are extremely well thought out - submissions included entities that have a track record of stablecoin issuance, strong partnerships with payment processors and DeFi-native projects with excellent integrations.

During our evaluation of these proposals, many have expressed a commitment to deploy their stablecoin solution independent of winning the ticker. We hope to see them follow through, and envision a near future where users are able to trade with pairs containing a stablecoin of their choosing.

HyperStake was set up as a public good with 0 fees to support decentralization of the network and further the vision in building the blockchain to house all finance.

We are aligned with the core ethos of putting the community first, and we believe the USDH ticker should go to the proposal that best reflects long term value alignment.

With the focus being a Hyperliquid-first, Hyperliquid-aligned, compliant, and natively minted USD stablecoin, we have thus placed a strong emphasis on the historical contributions of those leading the proposals.

We will continue to push for the goal of a fair new financial system for all.

Hyperliquid.