Ethena Enters Competitive Market for Hyperliquid's USDH Stablecoin
Ethena Labs has announced its entry into the competitive stablecoin market by proposing to issue Hyperliquid's USDH, backed by BlackRock's BUIDL fund and supported by Anchorage Digital. The initiative promises to return 95% of net revenue generated, signaling a strong commitment to the ecosystem.
Ethena Enters Competitive Market for Hyperliquid's USDH Stablecoin
Ethena Labs has announced its entry into the competitive stablecoin market by proposing to issue Hyperliquid's USDH, backed by BlackRock's BUIDL fund and supported by Anchorage Digital. The initiative promises to return 95% of net revenue generated, signaling a strong commitment to the ecosystem.
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