Stablecoin transfer: DeFi competes with institutions for USDH control
Source: CoinWorld
Time: 2025-09-11 17:40:40
OpenEden and BitGo have joined the USDH bidding process, reflecting the growing interest of institutional investors and DeFi institutions in diversified investment in stablecoins. Reserve Rights Protocol is auctioning USDH to expand its reserve base beyond the US dollar, aiming to reduce dependence on a single fiat currency and enhance liquidity. Native Markets is a key platform in the protocol, with its decentralized governance, having an important influence in reserve allocation decisions. A transparent market-driven bidding process marks a shift to past opaque practices and may attract wider participation. Analysts believe that the stability and regulatory resilience of RSR tokens are expected to further improve, and RSR tokens show positive growth momentum in these development trends.