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Native Markets: Intends to collaborate with Bridge to issue USDH, and will maintain technological neutrality if the bid is successful.
BlockBeats News, September 10th, Hyperion community leader Max stated at the "USDH Stablecoin Roundtable Conference" held at Hyperliquid that building a stablecoin system first needs to be somewhat innovative. Although there are many existing stablecoin solutions, Hyperliquid has a unique ecological positioning. Native Markets and Bridge clearly see USDH as a collaborative project, and the protocol will directly sign with Bridge (as I have emphasized multiple times), believing that necessary safeguards have been put in place. It should be pointed out that cooperating with licensed companies can also gain access to the infrastructure advantages of the Hyperliquid network — we value this very much, as its value far exceeds the institutional interface itself. Native Markets always maintains technological neutrality and ensures that this principle becomes a core consideration throughout the entire decision-making process.
As the least well-known bidder for USDH, Native Markets' proposal was put forward by Max, the community leader of Hyperion, the listed company on the Hyperliuquid DAT. Native Markets plans to use Bridge to complete the stablecoin fiat channel docking. Regarding shared revenue, they stated that they will inject reserve interest profits into Hyperliquid's community assistance fund. Their advantage lies in the team's deep cultivation of the Hyperliquid chain and a comprehensive understanding of the local ecosystem.
BlockBeats previously reported that last Friday, Hyperliquid announced the launch of a "USD-pegged stablecoin that prioritizes Hyperliquid, aligns with the Hyperliquid concept, and is compliant," and reserved the USDH token code for this purpose. Subsequently, many stablecoin issuers, including Paxos, Frax Finance, Ethena Labs, and Agora, have rapidly entered into the competition for the issuance rights of the USDH stablecoin.
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