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CryptocurrencyHyperliquid's very own stablecoin USDHL, developed by Native Markets, debuted Wednesday, generating over $2 million in early volume.As of writing, the Hyperliquid-listed USDH/USDC pair traded at 1.001, with a total trading volume of 2,244,932.79 USDC.Last week, the Hyperliquid validator community selected Native Markets to receive the USDH ticker following a lengthy bidding war that saw proposals from Paxos, Ethena, Frax, and others.The dollar-p…See the Story
Hyperliquid’s Native Stablecoin USDH Hits Over $2M Trading Volume After Debut
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Cryptocurrency · United StatesThe Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA) are examining unusual trading activity around corporate crypto-treasury announcements, the Wall Street Journal reported. Regulators have contacted some of the more than 200 companies that unveiled plans this year to buy bitcoin and other digital assets with balance-sheet funds. This story is an excerpt from the Unchained Daily newsletter. To ge…See the Story
Regulators Probe Trading Ahead of Corporate Crypto Buys
100% Center coverage: 1 sources