Hyperliquidity USDH battle: Can it withstand the regulation of the GENIUS Act?

Jake Chervinsky sparked debate on X about Hyperliquid’s USDH stablecoin and its GENIUS bill, which sets a regulatory framework for stablecoins that will come into effect after November 2026. Since the specific rules of the bill have not been determined, the focus of the discussion is on whether USDH can balance current compliance with future regulatory regulations. Experts stress that it is more important to comply with existing laws in the short term and be adaptable for the long term than to prematurely claim compliance with the GENIUS Act.