USDH Stablecoin Proposals Spark Liquidity Worries on Hyperliquid: Is PYUSD Up to the Task?
As Hyperliquid prepares to launch its native USDH stablecoin, proposals from Paxos with PYUSD and others are under fire for poor liquidity and high slippage. Discover why this matters for meme token traders and perps on the platform, plus potential better alternatives like Ethena or MakerDAO.