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Hyperliquid Launches USDH Stablecoin, Generating Over $2M in Early Trading
CryptocurrencyHyperliquidUpdated 2 days ago

Hyperliquid Launches USDH Stablecoin, Generating Over $2M in Early Trading

Hyperliquid has successfully launched its new USDH stablecoin, marking a significant milestone for the derivatives exchange. The stablecoin has generated over $2 million in initial trading volume, showcasing strong interest and confidence. Backed by cash and U.S. Treasury securities, USDH aims to provide a reliable alternative in the competitive cryptocurrency market, potentially attracting more users and enhancing trading options.

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Hyperliquid stablecoin goes live after fierce bidding for issuance rights
Cointelegraph2 days ago
Hyperliquid stablecoin goes live after fierce bidding for issuance rights
PositiveCryptocurrency
The launch of the USDH stablecoin marks a significant milestone for the Hyperliquid derivatives exchange, as it introduces its first dollar-pegged asset following a competitive bidding process for issuance rights. This development is important because it enhances the exchange's offerings and could attract more users looking for stable trading options.
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via Cointelegraph
Hyperliquid’s USDH Debut: Concentrated Supply, Modest Market Share, Big Buzz
Bitcoin.com2 days ago
Hyperliquid’s USDH Debut: Concentrated Supply, Modest Market Share, Big Buzz
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Hyperliquid has launched its new stablecoin, USDH, which has generated significant excitement in the cryptocurrency market. With a concentrated supply and a modest market share, USDH is making waves as it enters a competitive landscape. This debut is important as it showcases Hyperliquid's innovative approach and could influence the future of stablecoins, attracting both investors and users looking for reliable digital currency options.
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via Bitcoin.com
Hyperliquid bets on itself with USDH stablecoin debut
Crypto News2 days ago
Hyperliquid bets on itself with USDH stablecoin debut
PositiveCryptocurrency
Hyperliquid has launched its new dollar-pegged stablecoin, USDH, on its exchange, marking a significant step in its growth. The debut of USDH has already generated over $2 million in initial transactions, showcasing strong interest and confidence in the new offering. This move not only enhances Hyperliquid's trading options but also positions it competitively in the evolving cryptocurrency market, making it an exciting development for investors and traders alike.
Read full article
via Crypto News
Hyperliquid's Newly Launched USDH Stablecoin Sees Over $2M Volume in Early Trading
CoinDesk3 days ago
Hyperliquid's Newly Launched USDH Stablecoin Sees Over $2M Volume in Early Trading
PositiveCryptocurrency
Hyperliquid has launched its new USDH stablecoin, which has already seen over $2 million in trading volume shortly after its debut. This stablecoin is backed by cash and U.S. Treasury securities, positioning it as a reliable alternative to existing stablecoins. The introduction of USDH is significant as it aims to reduce reliance on external stablecoins, potentially enhancing stability and trust in the cryptocurrency market.
Read full article
via CoinDesk

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