Sky Enters Hyperliquid Stablecoin Race With Bold USDH Proposal

Sky, formerly known as Maker, has entered the competition to help decentralized perps exchange Hyperliquid launch its native stablecoin USDH. Co-founder Rune Christensen announced the proposal on Monday, noting that Sky’s backing would give Hyperliquid advantages unmatched by rival bids. Sky’s Proposal: Yield, Compliance, and DeFi Growth Sky’s plan includes a 4.85% return on USDH […]