Paxos introduces USDH, a stablecoin designed for the Hyperliquid ecosystem, compliant with the GENIUS Act and MiCA, where 95% of yields are allocated to HYPE token buybacks.
Today, Paxos announced plans to launch USDH, a fully compliant stablecoin aligned with both U.S. regulations under the GENIUS Act and the European MiCA framework. The initiative emerges within the Hyperliquid ecosystem, backed by Paxos Labs and the newly acquired Molecular Labs, creators of the LHYPE and WHLP protocols.
The most innovative feature is that 95% of the yields generated from USDH’s reserves will be directed toward buybacks of the native HYPE token, strengthening value retention and supporting all participants across the ecosystem from users to validators, and integrated protocols.
This approach aims to boost adoption and align incentives within the DeFi and blockchain community, offering a financially sustainable and legally sound model.
