Hyperliquid launches USDH just as rival ASTER brings the heat - What now? | NYGazet

Hyperliquid launches its new stablecoin USDH to support the HYPE token, just as rival exchange Aster overtakes it in trading volume.

Key Takeaways What is USDH, and how does it impact Hyperliquid? USDH is Hyperliquid’s new stablecoin, backed by cash and Treasuries, launched to boost its trading ecosystem. Is Hyperliquid losing ground to its rival Aster? Yes, Aster has overtaken Hy... [1985 chars]