Hyperliquid’s USDH Race Reveals the High-Stakes Game Behind Stablecoins

Hyperliquid is shaking up the crypto world with a bold move: it’s launching its own stablecoin, USDH, and letting the community vote on who will issue it. With $5. 6 billion in deposits and potential annual revenue of $220 million, the announcement has drawn top stablecoin issuers into a high-stakes scramble. Things are getting interesting. Not … source: https://coinpedia.org/news/hyperliquids-usdh-race-reveals-the-high-stakes-game-behind-stablecoins/