Sky Protocol has entered the competitive race to issue Hyperliquid’s USDH stablecoin by offering an attractive yield of 4.85% and committing $25 million towards ecosystem development. Leveraging access to $2.2 billion in USDC liquidity and a proven $8 billion collateral infrastructure, Sky’s proposal emphasizes security, regulatory compliance, and multichain deployment. Alongside other leading contenders like Stripe’s Bridge and Paxos, Sky aims to drive DeFi growth and solidify Hyperliquid’s dominance in the stablecoin and crypto trading markets.
Continue to read Sky Protocol Joins USDH Stablecoin Competition with Robust Yields and $25M Ecosystem Fund
Sky Protocol has entered the competitive race to issue Hyperliquid’s USDH stablecoin by offering an attractive yield of 4.85% and committing $25 million towards ecosystem development. Leveraging access to $2.2 billion in USDC liquidity and a proven $8 billion collateral infrastructure, Sky’s proposal emphasizes security, regulatory compliance, and multichain deployment. Alongside other leading contenders like Stripe’s Bridge and Paxos, Sky aims to drive DeFi growth and solidify Hyperliquid’s dominance in the stablecoin and crypto trading markets.
Continue to read Sky Protocol Joins USDH Stablecoin Competition with Robust Yields and $25M Ecosystem Fund
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