Wu said that the stablecoin startup Agora proposed to jointly provide USDH stablecoin support for Hyperliquid with infrastructure providers such as Rain and LayerZero. Agora promises that all net income from USDH will be used entirely for HYPE buybacks and fund support, and will provide at least 10 million USD in initial liquidity. USDH will adopt a compliant structure, have the qualification for issuance in multiple locations, and will prioritize services for the Hyperliquid ecosystem, avoiding external platform lockup or diversion.