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Paxos Labs: Hope to participate in and understand the demand for stablecoins in the HyperLiquid ecosystem

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2025-09-12 09:34:25
Paxos Labs co-founder Bhau posted on the X platform suspected of accepting the USDH bid and thanked the community for their support. He said that when the USDH proposal was originally proposed, the purpose was to directly participate in and understand the needs of the Hyperliquid community for ecological stablecoins. In the past week, he has deepened his understanding of what really matters. Although the proposal is currently locked, this is just the beginning of an ongoing conversation. Paxos will also continue to be a contributor to the ecosystem, with the goal of not only winning governance votes, but also to make the ecosystem bigger.
Paxos official tweeted on the X platform that the validator voting for the current USDH proposal may have ended, and the re-pledge will be open until this Sunday. According to the latest USDH bidding data, Native Markets currently receives 70.31% of the pledge share support, and Paxos Labs ranks second with 16.79% of the pledge share support.
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