Hyperliquid’s USDH Stablecoin Launches Amid Rising Competition in DEX Market

Hyperliquid has taken a decisive step toward expanding its on-chain ecosystem with the launch of USDH, a native stablecoin designed to serve the decentralized exchange. The new token is live for trading following its debut this week by Native Markets, the Hyperliquid-based team behind the initiative. Native Market Launches USDH, Stakes HYPE On September 27, Native Markets confirmed that USDH is now available on the exchange’s decentralized spot and derivatives markets. According to the firm, traders can pair the asset against HYPE — Hyperliquid’s governance token — and USDC, giving users a stable unit of account directly integrated into the platform source: https://beincrypto.com/hyperliquids-usdh-stablecoin-launches/