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Hyperliquid catches the eye of PayPal & Paxos.

By Maxime Laurent · Published: 2025-09-12 10:34 · Modified: 2025-09-12

Hyperliquid catches the eye of PayPal & Paxos.

Fresh vibes on the stablecoin front: Hyperliquid, the rising perp DEX, recently announced plans to launch their own coin $USDH. And now, heavyweights Paxos (the issuer behind PayPal’s stablecoin) and PayPal themselves are stepping into the picture.

Paxos is already positioning as the “ideal partner” for $USDH – offering what Hyperliquid lacks right now: regulatory compliance, scaling muscle, and a global distribution network. And PayPal? They’re backing the move, ready to push this new stable into the hands of their 400M+ users worldwide. That’s an insane potential pipeline of liquidity and adoption 💥

To me, this is fascinating: Hyperliquid was born as a pure crypto-native DEX, yet here we see one of the oldest fintech giants extending a hand. Ça sent un vrai shift – traditional payments starting to flirt with decentralized markets.

Of course, the devil is in the details: will $USDH be truly decentralized, or just another “regulated wrapper”? Either way, it’s a massive signal. If PayPal manages to funnel even a fraction of its user base into the Hyperliquid ecosystem, we might be looking at one of the biggest bridges between CeFi and DeFi ever built.

I can already feel the tremors on this side of the Mediterranean 🌴📱

#Hyperliquid #USDH #Stablecoins #Paxos #PayPal #DeFi #Crypto
Hyperliquid catches the eye of PayPal & Paxos.
Disclaimer: This content is for informational purposes only and not financial advice.