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Bankless·2025-09-11 13:03

The Race for USDH on HyperliquidHyperliquid’s exchange is soaring, hitting new highs with innovative network designs. Its latest move? The much-anticipated USDH stablecoin, set to reshape its ecosystem and boost efficiency.What to know about the teams leading the bid 👇~~ Analysis by @davewardonline ~~What is USDH?Last Wednesday's Request for Proposal invited stablecoin issuers to pitch Hyperliquid's community on issuing USDH, a move to stimulate spot markets, reduce USDC dependence, and boost exchange effic ...