Paxos proposes USDH stablecoin built for Hyperliquid ecosystem

Key Takeaways Paxos, a U.S.-regulated stablecoin infrastructure provider, has announced plans for USDH, a Hyperliquid-first stablecoin designed to comply with both the U.S. GENIUS Act and Europeโs Markets in Crypto-Assets (MiCA) framework. The company said USDH is โpurpose-built to driveโฆ