Paxos Labs: I hope to participate and understand the stablecoin needs of the HyperLiquid ecosystem
Source: golden
Time: 2025-09-12 17:37:01
According to Golden Finance, Bhau, co-founder of PaxosLabs, posted a post on X platform that suspected of accepting the USDH bid failed and thanking the community for its support. He said that when the USDH proposal was initially proposed, the purpose was to directly participate and understand the Hyperliquid community's demand for ecological stablecoins. In the past just one week, the understanding of what is really important has been deepened. Although the proposal has been locked, this is just the beginning of the ongoing dialogue. Paxos will continue to become a contributor to the ecosystem, with the goal not only winning the governance vote, but also to expand the ecosystem. Paxos official push posted on the X platform that the voting for the verifiers of the USDH proposal may have ended, and re-pled will be open until this Sunday. According to the latest USDH bid data, NativeMarkets currently receives 70.31% pledge share support, and PaxosLabs ranked second to receive 16.79% pledge share support.