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Native Markets will test Hyperliquid’s USDH stablecoin within days after a community vote chose it over rivals including Paxos and Frax. “We will be deploying both the USDH HIP-1 and corresponding ERC-20 within days,” said founder Max Fiege in a post on X . We will be deploying both the USDH HIP-1 and corresponding ERC-20 within days. We will then start with a testing phase for mints and redeems of up to $800/tx with an initial group, to be followed by the opening of the USDH/USDC spot order book as well as uncapped mints &… — max.hl (@fiege_max) September 14, 2025 The win came after Ethena withdrew from the contest last week, giving Native Markets a clear path to selection. After initial deployment in the coming days, Native Markets will kick off the testing phase for mints and redeems for the USDH stablecoin. Feige said that the dollar amounts per transaction will initially be capped at $800, and this testing phase will only include “a...

2024 was a landmark year for the cryptocurrency market. It was a year when the market matured, barriers to the institutional investing world came down, and international regulations started to pave the way for digital currencies to enter the mainstream global financial system.  With a President-elect keen on making the US a global crypto hub, the market experienced significant growth. As crypto adoption rose, more users turned to crypto platforms and ETFs to invest. 2024 was a transformative experience for the crypto market and the blockchain technology that powers it.  The general public, buoyed by positive sentiment and rising crypto prices, has flocked to DeFi platforms to download their first wallet. Many of those new users have found their way to the highly trusted crypto brand Binance. It takes a leader to help an industry continue to mature and Binance CEO Richard Teng has taken on that role throughout 2024’s massive growth. Teng comment...