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Native Markets won the bid and has been granted approval to use the USDH ticker on Hyperliquid.
By: theblockbeats.news|2025/09/14 22:42:52
BlockBeats News, September 15th, Native Markets has won the Hyperliquid stablecoin USDH auction and has been granted the alias to use USDH on Hyperliquid. A member of the Native Markets team stated, "We will deploy the USDH HIP-1 and the corresponding ERC-20 within a few days."
Subsequently, there will be a testing phase: the initial group will be able to test minting and redeeming up to a maximum of $800 per transaction. Following this, the USDH/USDC spot order book will be opened, along with unrestricted minting and redemption.
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