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Paxos proposes USDH stablecoin built for Hyperliquid ecosystem

Paxos

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 Europe’s Markets in Crypto-Assets (MiCA) framework. The company said USDH is “purpose-built to drive…