Native Markets Takes Lead in Hyperliquid's USDH Stablecoin Voting

Hyperliquid is currently in a crucial vote on the issuer of the USDH stablecoin. Currently, Native Markets leads with 38.5% support, proposing to utilize Stripe's fiat on-ramp and off-ramp infrastructure (Stripe Bridge) to issue USDH. However, 41.83% of voting power remains unallocated, including among major validators such as Nansen x HypurrCollective (holding over 18%) and Galaxy Digital.