- September 7, 2025
- Posted by: admin
- Category: BitCoin, Blockchain, Cryptocurrency, Investments
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
Today in crypto, Paxos has proposed a fully compliant USDH stablecoin for the Hyperliquid ecosystem , Michael Saylor’s net worth has increased by $1 billion since the start of this year. Meanwhile, Bitcoin difficulty climbs to new all-time high.
Stablecoin infrastructure firm Paxos has submitted a proposal to launch USDH, a Hyperliquid-first stablecoin that would be fully compliant with the Guiding and Establishing National Innovation for US Stablecoins Act (GENIUS Act) and Markets in Crypto-Assets (MiCA) regulatory standards.
According to the announcement, published on Saturday, 95% of interest earned from USDH reserves would be used to buy back Hyperliquid’s native token HYPE, redistributing it to users, validators and partner protocols.
