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# USDH
34.57K
CryptOpus
🥳 Stripe has unveiled its Open Issuance steblecoin issuance platform. Phantom's #CASH token will be the first token issued through the protocol, and #USDH from #Hyperliquid and #mUSD from MetaMask will also be added. #crypto
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#Ethena Submits Proposal for USDH Supported by Anchorage, Securitize, and #Blackrock BUIDL
> USDH to be initially backed 100% by USDtb (anchored in BlackRock’s BUIDL via Anchorage Digital Bank), with 95% of reserve revenue committed to the Hyperliquid community.
> The plan includes a guardian validator network for security, and integration with partners like LayerZero, Securitize, Based, Unit, and Liminal.
> Ethena will cover all transaction costs for migration of USDC to #USDH
> USDH to be initially backed 100% by USDtb (anchored in BlackRock’s BUIDL via Anchorage Digital Bank), with 95% of reserve revenue committed to the Hyperliquid community.
> The plan includes a guardian validator network for security, and integration with partners like LayerZero, Securitize, Based, Unit, and Liminal.
> Ethena will cover all transaction costs for migration of USDC to #USDH
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💡Information
The crypto platform Hyperliquid is conducting a bidding process for the issuance rights of the stablecoin USDH, with participants including Paxos, Agora, Ethena, and Native Markets. The market anticipates a decline in interest rates this week, increasing the urgency to compete for market share. #稳定币 #USDH #加密行业
View OriginalThe crypto platform Hyperliquid is conducting a bidding process for the issuance rights of the stablecoin USDH, with participants including Paxos, Agora, Ethena, and Native Markets. The market anticipates a decline in interest rates this week, increasing the urgency to compete for market share. #稳定币 #USDH #加密行业
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