Hyperliquid is about to explode! The native stablecoin USDH will bring an annual income of $220 million
HYPE coin is approaching its historical high, and the technical aspect looks quite good! RSI shows strong momentum, and if it can break through the key resistance level of $48.70, the next stop could be a new height of $51.18.
But what really excites people is that Hyperliquid announced the launch of the native stablecoin USDH! This is not just empty talk; they have adopted a competitive governance model that allows the development team to submit proposals, and the final issuer is decided after voting by validators.
Why is this a big event? Currently, there is $5.5 billion in USDC deposits on the Hyperliquid platform. If successfully migrated to USDH, it could generate up to $220 million in additional income for HYPE holders each year, based on a 4% yield! This is an astronomical figure.