Hyperliquid has USDH
What’s the real power of USDH? It will force incumbents like Circle and Tether to level up their offerings on Hyperliquid or be beaten out by a stable that is almost sure to be driving a vast majority of fees back to users + potentially other value-adds as well (native open mint/redeem, focused support of Hyperliquid at large as opposed to being just another deployment chain, etc)
Stablecoins are the uber commodity. More great stablecoins competing for scale, esp built by the caliber of teams that will submit/have submitted USDH proposals will only drive more value to the end user
Bring on the USDH
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