Native stablecoin on Hyperliquid is almost decided.
By Maxime Laurent · 2025-09-14 08:11
Native stablecoin on Hyperliquid is almost decided.
On September 14, Hyperliquid validators will vote on which issuer will mint the chain’s own stablecoin $USDH. And honestly… the game looks pretty much over already. On Polymarket, the market gives 96.8% odds to Native Market winning the vote 🥇. $Paxos barely shows up at 1.8%, while $Ethena and $Frax are stuck under 1%. Ça sent la formalité.
At the same time, $USDC is making moves. Circle just ran successful test transactions on HyperEVM mainnet — preparing the ground for a native $USDC launch there. That means Hyperliquid could soon host both its own $USDH and the heavyweight stable everyone already uses.
Feels like this chain is quietly stacking big pieces on the board… and September 14 might be the first checkmate. ♟
#Hyperliquid #Stablecoins #DeFi #Crypto
On September 14, Hyperliquid validators will vote on which issuer will mint the chain’s own stablecoin $USDH. And honestly… the game looks pretty much over already. On Polymarket, the market gives 96.8% odds to Native Market winning the vote 🥇. $Paxos barely shows up at 1.8%, while $Ethena and $Frax are stuck under 1%. Ça sent la formalité.
At the same time, $USDC is making moves. Circle just ran successful test transactions on HyperEVM mainnet — preparing the ground for a native $USDC launch there. That means Hyperliquid could soon host both its own $USDH and the heavyweight stable everyone already uses.
Feels like this chain is quietly stacking big pieces on the board… and September 14 might be the first checkmate. ♟
#Hyperliquid #Stablecoins #DeFi #Crypto
Disclaimer: This content is for informational purposes only and not financial advice.