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 […]
Source link
Key TakeawaysClosing equity issuance will follow XRP’s market price instead of $2.36.Armada II shareholders may receive a larger treasury interest.Backers representing over 95% of committed capital accepted the...
Read more






