News
Significance:
6/10

Paxos pitches PayPal, Venmo rails in bid to issue Hyperliquid USDH stablecoin

https://www.theblock.co/post/370135/paxos-update-bid-hyperliquid-usdh

Danny Park

Mentions

Regions

Code
Name
US
🇺🇸United States
EU
🇪🇺European Union

Sentiments

Target
Sentiment
Comment
Bullish
Paxos has proposed a strong partnership with PayPal to expand USDH's reach and has outlined a sustainable rewards system.
Bullish
Hyperliquid's influence in the DeFi space is highlighted by the competitive bidding process for its stablecoin issuance.