Hyperliquid After the stablecoin decision is made, the hype price has settled

Hyperliquid users have selected Native Markets as the issuer of its new stablecoin USDH, the startup founded by Max Feige, Mary-Catherine Lader and Anish Agnihotri. Its revenue sharing model recommends returning stablecoin earnings 100% to users, challenging Circle's dominance of $6 billion USDC on Hyperliquid. HYPE trading price is $53, up 0.5%, and the market expects a possible price competition in the $160 billion stablecoin market.