Agora proposes to join forces with Rain and LayerZero to support USDH, promise revenue repurchase HYPE and avoid external platform lockdown
Source: CoinWorld
Time: 2025-09-08 01:32:15
According to Coinjie.com, stablecoin startup Agora proposes that it jointly provide USDH stablecoin support for Hyperliquid by its infrastructure providers such as Rain and LayerZero. Agora promises to use all USDH net income to HYPE repurchase and fund support, and provide at least US$10 million of initial liquidity. USDH will adopt a compliance structure, have the qualifications for issuance in many places, and give priority to serving the Hyperliquid ecosystem to avoid locking or diversion of external platforms.