403
Sorry!!
Error! We're sorry, but the page you were looking for doesn't exist.
Hyperliquid's USDH Stablecoin Goes Live, Kicks Off Action With $2.3M Volume In Early Trading
(MENAFN- AsiaNet News)
Hyperliquid's native stablecoin USDH, developed by Native Markets, officially started trading on Wednesday.
Early action looks steady but active, with around $2.3 million exchanged in the USDH/USDC pair since the market opened, according to data on CoinMarketCap. It showed that trading volume has increased by more than 37% since the stablecoin went live.
USDH is the first dollar-pegged token to make it through Hyperliquid's validator-driven selection process. The token is built on HyperEVM and bridged across Hyperliquid's stack. Native Markets beat out Paxos, Frax, Agora, and others in the vote earlier this month.
Get updates to this developing story <directly on Stocktwits.
Read also: Tether CEO Confirms Targeting Up To $20B Fundraise, Valuation Could Rival OpenAI
For updates and corrections, email newsroom[at]stocktwits[dot]com.
Legal Disclaimer:
MENAFN provides the
information “as is” without warranty of any kind. We do not accept
any responsibility or liability for the accuracy, content, images,
videos, licenses, completeness, legality, or reliability of the information
contained in this article. If you have any complaints or copyright
issues related to this article, kindly contact the provider above.
Most popular stories
Market Research
More Story
Comments
No comment