PayPal Backs Paxos’ USDH Proposal for Hyperliquid

Tekedia | 13-09-2025 10:41am |

Stablecoin issuer Paxos updated its proposal (Version 2) to issue USDH, the native stablecoin for the decentralized exchange (DEX) Hyperliquid. This update prominently features public support from PayPal, marking a significant endorsement that integrates USDH into PayPal’s ecosystem. PayPal, with over 400 million users and 35 million merchants, has committed to listing Hyperliquid’s native HYPE

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