Jan Van Eck calls on Agora to join Hyperliquid's USDH stablecoin competition

Jan Van Eck supported Agora in Hyperliquid's USDH stablecoin issuance contest, and validators voted on Sunday. Agora’s proposal calls for compliance with regulatory requirements, providing $10 million in initial liquidity and guaranteeing 100% net income from HYPE buybacks. Paxos, Frax and Sky’s competitive proposals offer different earnings models and buyback structures, while VanEck positions itself as a compliant partner under community supervision.