The post Paxos proposes USDH stablecoin with 95% buybacks to boost HYPE ecosystem appeared on BitcoinEthereumNews.com. Key Takeaways Paxos has unveiled USDH, a Hyperliquid-aligned stablecoin with a built-in HYPE rewards system, targeting institutional adoption and regulatory compliance. Hyperliquid remains a DeFi leader with strong trading volumes and whale activity. Paxos, a provider of stablecoin infrastructure, has announced plans to introduce USDH – A new stablecoin crafted as “Hyperliquid-first” and fully compliant with regulatory frameworks such as the GENIUS Act and MiCA standards. According to the firm, “We propose the launch of USDH, a Hyperliquid-first, fully compliant stablecoin purpose built to drive adoption, align incentives, and anchor the ecosystem’s next era of growth.” Details of the Paxos – Hyperliquid partnership The announcement, made public, highlights a unique tokenomics model wherein 95% of the interest earned from USDH reserves will be used to buy back Hyperliquid’s native token – HYPE. Paxos will then redistribute the returns among users, validators, and partner protocols. At the same time, it will also roll out USDH across HyperEVM and HyperCore. This will be aimed at attracting institutional investors and fintech platforms by linking to global banking systems and complying with regulatory standards. Leveraging its network of more than 70 financial partners across the U.S, EU, Singapore, Abu Dhabi, and Latin America, Paxos will distribute USDH efficiently while maintaining compliance with local regulations. Community reactions Industry observers have lauded the USDH proposal from @withAUSD, @raincards, @LayerZero_Core, and @EtherFi as the most robust submission to date. According to Rob Hadick, for instance, the proposal combines Paxos’ infrastructure, Rain’s spending tools, LayerZero’s interoperability, and Ether.fi’s vault expertise. He also noted that this proposal avoids scaling and counterparty issues seen in others, establishing a strong base for USDH’s transformative potential. “So tied for the best institutional backing, and has usability and infrastructure that without a doubt beats the others.” He added,  “Will be interesting to see… The post Paxos proposes USDH stablecoin with 95% buybacks to boost HYPE ecosystem appeared on BitcoinEthereumNews.com. Key Takeaways Paxos has unveiled USDH, a Hyperliquid-aligned stablecoin with a built-in HYPE rewards system, targeting institutional adoption and regulatory compliance. Hyperliquid remains a DeFi leader with strong trading volumes and whale activity. Paxos, a provider of stablecoin infrastructure, has announced plans to introduce USDH – A new stablecoin crafted as “Hyperliquid-first” and fully compliant with regulatory frameworks such as the GENIUS Act and MiCA standards. According to the firm, “We propose the launch of USDH, a Hyperliquid-first, fully compliant stablecoin purpose built to drive adoption, align incentives, and anchor the ecosystem’s next era of growth.” Details of the Paxos – Hyperliquid partnership The announcement, made public, highlights a unique tokenomics model wherein 95% of the interest earned from USDH reserves will be used to buy back Hyperliquid’s native token – HYPE. Paxos will then redistribute the returns among users, validators, and partner protocols. At the same time, it will also roll out USDH across HyperEVM and HyperCore. This will be aimed at attracting institutional investors and fintech platforms by linking to global banking systems and complying with regulatory standards. Leveraging its network of more than 70 financial partners across the U.S, EU, Singapore, Abu Dhabi, and Latin America, Paxos will distribute USDH efficiently while maintaining compliance with local regulations. Community reactions Industry observers have lauded the USDH proposal from @withAUSD, @raincards, @LayerZero_Core, and @EtherFi as the most robust submission to date. According to Rob Hadick, for instance, the proposal combines Paxos’ infrastructure, Rain’s spending tools, LayerZero’s interoperability, and Ether.fi’s vault expertise. He also noted that this proposal avoids scaling and counterparty issues seen in others, establishing a strong base for USDH’s transformative potential. “So tied for the best institutional backing, and has usability and infrastructure that without a doubt beats the others.” He added,  “Will be interesting to see…

                                                                               ETHZilla CEO McAndrew Rudisill said the company’s strategy is to deploy Ether on the Ethereum network through layer-2 protocols and tokenizing real-world assets.                     Ether treasury company ETHZilla is looking to raise another $350 million through new convertible bonds, with funds marked for more Ether purchases and generating yield through investments in the ecosystem. ETHZilla chairman and CEO McAndrew Rudisill said on Monday that the company’s strategy is to deploy Ether (ETH) in “cash-flowing assets” on the Ethereum network through layer-2 protocols and tokenizing real-world assets. A growing number of digital asset companies are moving past simply holding crypto and looking to generate yields through active participation in the ecosystem, which crypto executives told Cointelegraph in August, could help spark a DeFi Summer 2.0.Read more