Hyperliquid's New High: Stablecoin Wars Begin

Hyperliquid hits a new all-time high amid a stablecoin frenzy! The decentralized exchange is buzzing as major players like Paxos and Frax Finance battle to launch a native stablecoin, USDH. With over twenty proposals on the table, the competition is fierce to control the future of Hyperliquid's ecosystem and reduce reliance on giants like USDC. Will a native stablecoin cement Hyperliquid's place as a top crypto contender? Hosted on Acast. See acast.com/privacy for more information.