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Crypto

HyperLiquid Announces a $10 Million Grant as USDH Operations Cease

2026/06/29 19:00(Updated 2026/06/29 16:00)

CoinPost

Written by A.Yamada

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HyperLiquid Announces a $10 Million Grant as USDH Operations Cease

USDH Discontinued, Transitioning Solely to USDC

In response to the discontinuation of the USDH stablecoin, the Hype Foundation, which supports the decentralized derivatives exchange HyperLiquid (HYPE), announced on the 29th that it will provide a grant totaling approximately $10 million (about 1.6 billion yen) to cover transition costs for developers affected by the cessation of USDH operations. The grant targets developers involved with the network standard HIP-1 spot market...

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