Sky Lianchuang: Will provide USDH with opportunities to expand crypto derivatives, providing holders with higher returns

According to BlockBeats, on September 9, Sky co-founder Rune said at the "USDH Stable Coin Roundtable" held by Hyperliqud that Sky has gone through multiple stages of development and has achieved self-decentralization. Projects built on Sky compete and collaborate with each other to deploy collateral asset portfolios in the best way, providing better returns for stablecoin holders, and will bring higher profits to the Hyperliqud ecosystem. The big dream and vision of Web3 in the early days was to get rid of the centralized trading platform and truly realize decentralization. This moment is coming. When Hyperliquid drives the power of decentralized stablecoins we hope to get involved, Sky will provide scale network effects and technical support to bring exponential growth in returns. Sky and Hyperliquid are one of the few truly successful decentralized projects, and it would be exciting to reach a partnership with USDH. Sky’s core business is credit-enhanced lending. Sky has the opportunity to deploy Hyperliqud eco-assets into derivatives, spot leverage, or other scalable opportunities. BlockBeats previously reported that last Friday, Hyperliquid announced the launch of a "USD stablecoin that prioritizes Hyperliquid, complies with Hyperliquid philosophy and compliant", and reserves USDH token code for this. Subsequently, several stablecoin issuers including Paxos, Frax Finance, Ethena Labs, and Agora have quickly entered the competition for USDH stablecoin issuance rights.