Paxos proposed issuing USDH, a Hyperliquid‑first regulated stablecoin, aimed at accelerating adoption and enterprise integration across the Hyperliquid ecosystem. The Paxos Labs initiative, backed by Paxos’s decade of regulated stablecoin issuance and recent acquisition of Molecular Labs, would mint USDH natively on HyperEVM and HyperCore, offer multi‑jurisdictional compliance (including MiCA/GENIUS claims), and route onchain and […]
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Key TakeawaysBitcoin dropped below $78,700 before recovering to $79,500 after strong U.S. employment data on Friday.Reduced Fed rate-cut odds triggered over $295 million in long liquidations across crypto...
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