Native Markets Appears to Claim USDH Ticker After Heated Hyperliquid Vote, Raising Stablecoin Concerns
The post Native Markets Appears to Claim USDH Ticker After Heated Hyperliquid Vote, Raising Stablecoin Concerns appeared on BitcoinEthereumNews.com.
The USDH stablecoin ticker was claimed by Native Markets after a community vote; Native Markets will deploy an initial Hyperliquid Improvement Proposal (HIP) and an ERC‑20 USDH, begin capped test mints and redeems, then open spot trading and uncapped redemptions. Native Markets confirmed as USDH ticker winner after community vote Team to submit HIP, launch ERC‑20 USDH, run test mints and redeems up to $800, then open USDH/USDC order book Prediction markets, industry executives, and community debate highlighted concerns over selection transparency USDH stablecoin claimed by Native Markets — official HIP and ERC‑20 launch imminent; follow rollout updates on COINOTAG. Native Markets claimed the US dollar‑pegged stablecoin ticker following a heated bidding war closely watched by the crypto community. ‘, ‘ 🚀 Advanced Trading Tools Await You!Maximize your potential. Join now and start trading! ‘, ‘ 📈 Professional Trading PlatformLeverage advanced tools and a wide range of coins to boost your investments. Sign up now! ‘ ]; var adplace = document.getElementById(“ads-bitget”); if (adplace) { var sessperindex = parseInt(sessionStorage.getItem(“adsindexBitget”)); var adsindex = isNaN(sessperindex) ? Math.floor(Math.random() * adscodesBitget.length) : sessperindex; adplace.innerHTML = adscodesBitget[adsindex]; sessperindex = adsindex === adscodesBitget.length – 1 ? 0 : adsindex + 1; sessionStorage.setItem(“adsindexBitget”, sessperindex); } })(); Native Markets, one of the teams that submitted a proposal to issue and manage the Hyperliquid exchange’s US dollar stablecoin (USDH), officially claimed the USDH ticker on Sunday after a community vote. The project will deploy the inaugural Hyperliquid Improvement Proposal (HIP) for USDH and an ERC‑20 token — the token standard for the Ethereum network — in the coming days, Max Fiege, founder of Native Markets, said on social channels. He outlined the immediate rollout steps: “We will then start with a testing phase for mints and redeems of up to $800 per transaction with an initial group, to be followed…
Filed under: News - @ September 14, 2025 9:17 pm