🚨 Paxos Proposes USDH Stablecoin Backed by HYPE

Paxos has unveiled a game-changing proposal to launch USDH, a fully compliant stablecoin built under the GENIUS regulatory framework. What sets USDH apart from traditional stablecoins like USDT and USDC is its integration with the HYPE token, introducing a dynamic model that blends stability, regulation, and community participation. Unlike standard stablecoins, USDH incorporates a revenue-sharing mechanism where earnings—particularly reserve interest—are distributed among HYPE token holders, the protocol, and validators. Notably, 95% of reserve interest will be used to buy back HYPE, creating a feedback loop that could enhance the token’s value and utility. Paxos is aiming for global distribution with regulatory clarity, making USDH a potentially attractive option for both retail and institutional users. This innovative approach may not only challenge stablecoin incumbents but also set a new standard for how digital currencies can empower communities, reward holders, and function within compliant frameworks.

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