News Explorer — Hyperliquid May Have a Stablecoin Soon, But There's Drama

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Sep 5, 6:18 pm

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Hyperliquid May Have a Stablecoin Soon, But There's Drama

Hyperliquid has initiated a proposal for teams to create a USDH stablecoin aligned with their network. However, an existing stablecoin protocol, Hyperstable, has raised concerns over the fairness of the process. Discord discussions are ongoing regarding the selection of the best team to build the stablecoin.

Hyperliquid has initiated a proposal for teams to create a USDH stablecoin aligned with their network. However, an existing stablecoin protocol, Hyperstable, has raised concerns over the fairness of the process. Discord discussions are ongoing regarding the selection of the best team to build the stablecoin.

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