Stablecoin issuer Paxos has released its updated USDH Proposal V2 on September 10, marking a pivotal moment for the USDH ecosystem. The upgrade includes strategic integrations, user-friendly infrastructure, and substantial financial incentives aimed at boosting adoption.
PayPal Listing & Free On/Off-Ramps
One of the most impactful updates in USDH Proposal V2 is the integration of the HYPE token— the utility token tied to the USDH ecosystem— into PayPal and Venmo. This opens the doors to millions of users who can now engage with USDH seamlessly through platforms they already trust. In addition, Paxos will offer fee-free on and off-ramps, making it easier for users to enter and exit the USDH ecosystem without extra costs.
$20M Ecosystem Incentives & Revenue Transparency
To boost adoption, Paxos is launching a $20 million incentive program. These incentives are designed to attract developers, liquidity providers, and partners to help grow the USDH ecosystem. Notably, Paxos has introduced a unique revenue model. It won’t earn any revenue until a pre-set Total Value Locked (TVL) threshold is met. Even then, fees are capped at 5%, and all earnings will be paid exclusively in HYPE tokens. This performance-based model aligns Paxos’ interests with the growth and success of the ecosystem.
Compliance-First Approach for Global Expansion
As a legally authorized stablecoin issuer, Paxos continues to prioritize compliance and regulation, aiming to expand the global issuance of USDH in markets like Europe. With increasing regulatory scrutiny worldwide, Paxos’ compliant framework gives it a strong edge in trusted jurisdictions. USDH Proposal V2 is more than a product update—it’s a strategic roadmap to make USDH a leading regulated stablecoin in the global financial ecosystem.
The USDH Proposal V2 update from Paxos includes significant innovations that may prove vital for further growth and popularization of quality stablecoins in the global financial market.
