CryptoHyperliquid's USDH Shrinks to $20M as USDC Takes Over the Stablecoin Landscape
Hyperliquid's native stablecoin USDH has dropped to just $20 million as USDC now dominates over $5.74 billion of the platform's stablecoin pool. The Hyperliquid Foundation has deployed $10 million in grants to support the transition.
June 29, 2026