THE ONLY POSSIBLE WAY
@usd_hl
TO BECOME
USDH
hyperliquid
Hyperliquid is launching $USDH, its native stablecoin.
This is a massive catalyst for the ecosystem, and here’s why it’s incredibly bullish:
Stablecoins are the backbone of any L1. With $USDH, Hyperliquid gains its own settlement layer that can connect perps, spot, staking, and EVM protocols like Kinetiq, Hypurrfi, and Hyperlend. Every new app in the ecosystem will want to integrate $USDH by default.
TVL Expansion
Stablecoins drive TVL. With $USDH as base collateral, protocols like Kinetiq’s Earn module and lending markets can scale massively. More $USDH in circulation = higher DeFi activity = stronger network effects.
The stablecoin flywheel
Instead of relying on external stables (USDC, USDT, DAI), value accrues internally via USDH:
- Mint/burn fees
- Collateralized lending flows
- Native on/off ramps
This creates a self-reinforcing liquidity loop where more adoption leads to more protocol revenue, which leads to more ecosystem growth.
$USDH is a huge step forward for the entire Hyperliquid ecosystem and will be integrated into Mercury as soon as it's live on Mainnet.
Hyperliquid.
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