The Hyperliquid ecosystem is on the verge of a significant achievement: the launch of its native stablecoin USDH. The implementation program received support from HYPE token holders.
Launch of USDH Stablecoin
Hyperliquid has announced the upcoming launch of its USDH stablecoin. The Native Markets team has successfully passed a governance vote to oversee its implementation, with more than 70% of HYPE token holders supporting this initiative.
Implementation Strategy and Reserve Management
Co-founder of Native Markets Max Fiege confirmed that the USDH launch will begin in the coming days with the HIP-1 protocol implementation. Initially, a controlled version will be introduced with a transaction limit of $800 per operation. Reserves will be managed by companies such as BlackRock and Superstate.
Growth Potential of Hyperliquid Post-USDH Launch
After successful testing, USDH will be integrated into Hyperliquid’s trading infrastructure, joining existing stablecoins. Exchange Kraken has already announced the listing of USDH and HYPE on its platform.
The launch of USDH opens new opportunities for the Hyperliquid ecosystem, a fact underscored by the high level of community support.
