“Stripe-Bridge to Manage Reserves Alongside Blackrock, with Rolllout Starting in Days.”, – WRITE: www.coindesk.com
Hyperliquid’s Validtor Community Has Chosen Native Markets to Issue USDH, Ending A WeekLong Contest that Drew Proposals from Paxos, Frax, Sky (Ex-Makerdao)
Native Markets, Co-FOUNDED BY FORMER UNISWAP Labs President Mc Lader, Researcherher Anish Agnihotri to a post by fiege on x.
Native Markets Has Been Awarded the USDH Ticker on Hyperliquid.Thank you to all Hype Stakers and Network Validars for their Time and Effort in Review the Proposals Put Forward.
– max.hl (@fiege_max) September 14, 2025
Accorging to Onchain Trackers, Native Markets ‘Proposal Took Approximately 70%of Validators’ VOTES, While Paxos Took 20%, and Ethena Came in at 3.2%.
The Staged Launch Starts with Capped Mints and Redemptions, Followed by a USDH/USDC Spot Pair Before Caps Are Lifted.
USDH is Designed to Challenge Circle’s USDC, Which Currently Dominates Hyperliquid with Nearly $ 6 Billion in Deposits, or About 7.5% of Its Suppply. USDC and Other Stablecoins Will Remain Supported if they Meet Liquidity and Hype Staking Requirements.
MOST RIVAL BIDDERS HAD POMATED TO Channel Stablecoin Yields Back to the EcoSystem with Paxos of Via Hype Buids, Frax Through Direct User YIELD, AND SKY WITH AA 4.85 Star ”Project.
Native Markets’ Pitch Institute Stressed Crediiness, Trading Experience, and Validtor Alignment.
Market MovementBTC: BTC Has Recently Reclaimed The $ 115,000 Level, Helped by Inflows Into Etfs, EASING US INFLATION DATA, AND Growing Expectations for Interest Rate Cuts. Also, Technical Momentum is Picking Up, Thought Resistance Sits AROUND $ 116,000, Accounting To Coindesk’s Market Irsights Bot.
Eth: ETH IS Trading Above $ 4600. The Price Is Being Buoyed by Strong etf Inflows.
GOLD: Gold Continues to Trade Near Record Highs As Traders Eye Dollar Weakness on Expectioned Fed Rate Cuts.
Elsewhere in Crypto:
- Pakistan’s Crypto Regulator Invites Crypto FIRMS to get Licensed, Serve 40 Million Local Users (The Block)
- IRS’S’S EXPANDING SURVEILANCE OF CRYPTO INVESTORS (DECRYPT) IRS
- Massachusetts State Attorney General Alleges Kalshi Violating Sports Gambling Laws (Coindesk)
Hayes Told Kyle Chassé that Governments Will Keep Printing Money, Fueling Crypto Well Into 2026, While URGING BITCOIN INVESTORS TO DAKE A Longer View.
- In an an interview with Kyle Chassé, Artthur Hayes SAID HE Expects Aggressive Global Money Printing Under Trump-Era Fiscal Policy Could Extend The Crypto Bull Market Into 2026.
- He argued bitcoin vastly outperforms assets like stocks, housing and Gold WHEN Adjusted for Currency Debasement.
- Hayes told chassé that short-term Impatience is misguided and bitcoin should be judi over multi-year horizons.
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