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Paxos proposes Hyperliquid-first stablecoin, allocates yield to HYPE buybacks

CointelegraphSunday, September 7, 2025 at 7:31:49 AM
PositiveCryptocurrency
Paxos proposes Hyperliquid-first stablecoin, allocates yield to HYPE buybacks
Paxos has introduced a compliant USDH stablecoin for the Hyperliquid ecosystem, directing most of its yield towards HYPE token buybacks.
Editor’s Note: This development is significant as it enhances the Hyperliquid ecosystem by introducing a stablecoin that supports its growth and sustainability through HYPE buybacks, potentially increasing the value of the HYPE token.
— Curated by the World Pulse Now AI Editorial System
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