Hyperliquid's self-developed stablecoin USDH officially launched after winning the bid on Native Markets

The USDH stablecoin issued by Native Markets has been launched on the Hyperliquid platform, with the USDH/USDC trading pair currently open. Initial trading volume indicates a cautious but active start to the market, reaching approximately $2.2 million as the market launch progresses. USDH is the first dollar-pegged token issued through Hyperliquid's validator selection process. It is a stablecoin natively issued on the HyperEVM and can be traded across multiple chains within the Hyperliquiquid ecosystem.