Paxos announces the V2 version of USDH proposal, PayPal and Venmo join the ecosystem
Source: PANews
Time: 2025-09-10 12:41:11
PANews reported on September 10 that stablecoin issuer Paxos released the V2 version of USDH proposal, announcing its cooperation with PayPal. HYPE will launch PayPal and Venmo. USDH supports free deposits and withdrawals and has a $20 million ecological incentive. PayPal will integrate USDH in Checkout, Braintree, Venmo, Hyperwallet and Xoom. Paxos only charges up to 5% of the fee after USDH TVL meets the standard, all fees are paid in HYPE. The initial proportion of AF incentives is 20%, which increases with the growth of TVL. Paxos earnings will begin after USDH TVL exceeds $1 billion and the earnings cap is 5%.