Hyperliquid’s USDH bidding heats up as Ethena enters as 6th contender

Hyperliquid’s USDH bidding heats up as Ethena enters as 6th contender

Ethena joins Paxos, Frax, Agora, Native Markets and Sky in the race to issue Hyperliquid’s USDH, a mandate tied to $5 billion in liquidity.

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