“Ethena’s Proped Stablecoin Promises to Return 95% of Revenue to Hyperliquid’s EcoSystem.”, – WRITE: www.coindesk.com
The token wold be fully beed beetly beckped by Ehenna’s USDTB, a stablecoin Issued with fedh fedh federally charterly charterly charterly charterly charterly charterly charterly charterly charterly charterly charterly chartererly chartererly chartererlyd Bank Anchored Digital and Fully Backed Bubidl, The Tokonized Managemet Managhkt Fundl, The Tokonized Maent, The Tokonized Managet Managhkt Managhk. Securitize.
“We Are Excited to Enable Ethena’s USDTB, WHICH IS 100% BACKED BUIDL AND UNIQUELY POSITIONED TO OFFER INFFER INSTITUATION GRADE CASH Management As Well Mitchnick, Blackrock’s Head of Digital Assets, in the Proposal.
If adapted, Ethena portdged that 95% of Net Revenue from USDH Reserves would Flow Back to the Hyperliquid Ecosystem, The Proposal Said. Ethena Also SAID IT WOURT COVER OF MIGRATING USDC TRADING PAIRS ON HYPERLIQUID TO USDH TO EASE ADOPTION.
The Proposal Competition to Win the Issuance of Hyperliquid’s USDH Stablecoin is Intensifies. The DECENTRALIZED Exchange Excuted Almost $ 400 Billion in Perpetuals Trading Volume Last Month, Making It An Attractive Market for Stablecoin Providers to Corner. Sky (Formerly Makerdao), Paxos, Sky, Frax, Agora and Native Markets Threw their Hat in the Ring. Validtors are set to vote on proposals on september 14.
Read More: Sky Pitches Genius-Complicant USDH Stablecoin With $ 8b Balance Sheet and 4.85% Yield
Coinbase Engineers have released X402 Bazaar, A “Google for Ai Agents” Discovery Layer.
- The New Ai Indexing Layer Builds on the Release Earlier this Year of X402, an Open Source Payment Protocol That Enables Instant Stablecoin Payments on Any Website.
- Some of the First Projects Listed Include Prixe, A Stock Price API ALLOWING AGENTS to CREATE UP-TO-DATE-DATE FINANCAL REPORTS, AND VARIUS IMAGE AND Video Generation EndPoints.
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