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Paxos proposes Hyperliquid-first stablecoin, allocates yield to HYPE buybacks

Paxos proposes Hyperliquid-first stablecoin, allocates yield to HYPE buybacks

Paxos has proposed a fully compliant USDH stablecoin for the Hyperliquid ecosystem, with most of its yield funneled into HYPE token buybacks.

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