logo

Ethena Labs Releases Bid Proposal for USDH Issuance Right

By: theblockbeats.news|2025/09/09 17:42:35

BlockBeats News, September 10th. According to official sources, Ethena Labs has joined Hyperliquid's USDH stablecoin issuance competition and released a bid for the USDH issuance right.

Ethena Labs stated that if selected as a USDH issuer, USDH will be 100% backed by USDtb, issued by Anchorage Digital Bank, and fully collateralized by BlackRock BUIDL. Ethena has committed to allocating at least 95% of the net income generated from the USDH reserve back to the Hyperliquid community through HYPE buybacks, reward funds, and other means. Ethena will bear the cost of USDC migration and plans to introduce a liquidity support mechanism to enhance the depth of the USDH in the perpetual contract market.

Ethena has already set aside at least $75 million (composed of cash and token incentives) to support the HIP-3 front-end development for Ethena-related products (including USDe, hUSDe, and USDH), contingent on the approval of this proposal. 50% of the fee revenue generated by these front-ends will be shared with Hyperliquid.

¿Está Bitcoin en camino de alcanzar los $200,000 en 2025? Un analista lo califica de ‘muy improbable’
SharpLink obtiene 295 millones de dólares en ETH el 5 de agosto de 2025, superando la emisión total de Ether del mes pasado.

También te puede interesar

Compartir
copy

Ganadores

Últimas noticias sobre criptomonedas

16:20

Jupiter Releases HumidiFi Token WET ICO Guidelines

16:18

The cryptocurrency mining company supported by the Trump family saw its stock price "halved" in 30 minutes.

15:52

Deutsche Bank: If the next Fed Chair fails to effectively address inflation risks, the US Dollar may face downward pressure

15:50

Nine-Time Winning Trader Suffers First Defeat, Closing Out Short Position with Over $1.78 Million in Losses

15:48

The U.S. Money Market Asset Size Exceeds $8 Trillion for the First Time

Leer más
Comunitario
icon
icon
icon
icon
icon
icon
icon

Atención al cliente@weikecs

Cooperación empresarial@weikecs

Trading cuantitativo y MM[email protected]

Programa VIP[email protected]