Recently, Paxos submitted a proposal to design USDH, a dollar-pegged stablecoin intended for the Hyperliquid ecosystem. The structure foresees that about 95% of the yield generated from the reserves will be used in the buyback of the HYPE token, subsequently redistributed within the ecosystem, a mechanism already reported by Cointelegraph and CryptoNews.
Paxos is the proposed issuer and operates publicly as a regulated entity with formal contacts with the official Paxos website and regulatory references to the NYDFS. In this context, the setup aims to position the project as MiCA compliant in Europe, aligning with regulatory requirements also in the United States, and to connect decentralized finance (DeFi) with the traditional financial system. It should be noted that the focus remains on adoption and compliance.
According to the data collected by our team of analysts monitoring stablecoin proposals in 2025, structures that allocate over 75% of the yield to buyback mechan
We współpracy z: https://en.cryptonomist.ch/2025/09/08/usdh-paxos-proposes-the-stablecoin-for-hyperliquid/
