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Inside the Hyperliquid stablecoin race: The companies vying for USDH

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Inside the Hyperliquid stablecoin race: The companies vying for USDH

Hyperliquid’s first stablecoin vote has drawn bids from Paxos, Frax, Sky, Agora and newcomer Native Markets, with billions in trading volume and stablecoin flows on the line.


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