News
Significance:
6/10

Paxos proposes Hyperliquid-first stablecoin, allocates yield to HYPE buybacks

https://cointelegraph.com/news/paxos-proposes-usdh-stablecoin-for-hyperliquid

Amin Haqshanas

Mentions

Regions

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

Sentiments

Target
Sentiment
Comment
Bullish
95% of USDH yield will be used for HYPE buybacks, redistributing value to users and validators.
Bullish
Paxos is launching a regulatory-compliant stablecoin and integrating with major financial platforms.