CZ: Hyperliquid's Entry into the U.S. Will Benefit the Entire Crypto Industry

On August 26, CZ stated at the Wyoming Blockchain Symposium that Trump mentioned Hyperliquid and that Mike Selig, the chairman of the U.S. Commodity Futures Trading Commission, will seek a pathway for the platform to enter the U.S. market. CZ believes that if this progress can be realized, it will be a significant boon for the entire crypto industry. He pointed out that some users choose Hyperliquid because the platform allows wallet usage without the need for traditional accounts and KYC processes; if Hyperliquid can operate in the U.S. in a compliant manner, it will open up space for perpetual contracts and more decentralized services to enter the U.S. market. He believes this is not only related to Hyperliquid itself, but the related progress will benefit more decentralized products and their portfolio companies, and will also bring more liquidity to international centralized trading platforms, allowing U.S. users to obtain more competitive prices when buying and selling crypto assets. CZ stated that the current crypto market is far from saturated, so competition among platforms is not the main issue. The entry of Hyperliquid into the U.S. will not only benefit itself but will also expand the market size of the entire industry.

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