🚀 Paxos & PayPal: Hyperliquid Goes Galactic! 🌌

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So, Paxos, the stablecoin wizards, have conjured up their USDH Proposal V2, a masterplan so audacious it makes the Hitchhiker’s Guide look like a to-do list. Their goal? To fling Hyperliquid into the arms of millions, like a towel tossed to a panicking space traveler. 🛸

Apparently, Paxos’ success is entirely dependent on Hyperliquid’s success. Talk about putting all your credits in one galactic bank account. 💸

PayPal Partnership: The Doors of Perception (and Payments)

In a blog post that probably involved a lot of coffee and a few “What if?” scribbles on a napkin, Paxos Labs unveiled their grand scheme. And guess who’s joining the party? PayPal, the intergalactic payment giant, is now Paxos’ dance partner. Together, they’re going to make Hyperliquid assets as accessible as a vending machine on the Death Star. 🥤

  • HYPE will be listed on PayPal and Venmo, because why not make it as easy as ordering a pizza? 🍕
  • USDH gets free on/off-ramps via PayPal, because who doesn’t love a good freebie? 🎢
  • A $20 million incentive fund, because nothing says “We’re serious” like a pile of space credits. 🤑

Oh, and PayPal’s arsenal of products-Checkout, Braintree, Hyperwallet, Venmo, and Xoom-will all support USDH. That’s 400 million users and 35 million merchants. It’s like throwing a party and inviting the entire galaxy. 🌌

Stablecoin issuer Paxos released the USDH Proposal V2 on September 10, featuring three major upgrades: HYPE listed on PayPal/Venmo, USDH free on/off-ramps, and $20 million ecosystem incentives; Paxos can only earn revenue once the TVL target is met, capped at 5%, with all fees…

– Wu Blockchain (@WuBlockchain) September 10, 2025

Unlike those other guys who are still figuring out compliance, Paxos is already authorized to issue stablecoins in places like Europe. It’s like they’ve got a diplomatic passport to the universe. 🌍

By teaming up with PayPal and leveraging their regulatory superpowers, Paxos wants USDH to be the Millennium Falcon of DeFi-fast, reliable, and universally loved. 🚀

Hyperliquid: The Spine of the Financial Galaxy

But wait, there’s more! Paxos isn’t just stopping at payments. They’ve got plans to turn Hyperliquid into the spine of global decentralized finance. Yes, the spine. Because why be a rib when you can be the backbone? 🦴

  • Helping fintechs and brokerages tap into Hyperliquid’s liquidity, because sharing is caring. 🤝
  • Supporting asset issuers in creating new markets, because innovation never sleeps. 💡
  • Expanding lending and DeFi products through HyperEVM, because why not? 🚀

These moves could make Hyperliquid more than just a trading platform-it could become the intergalactic highway of finance. 🛣️

Community-First Rewards: Because Sharing is Caring

Paxos has also redesigned their rewards system, proving they’re not just in it for the credits. They’ll only start earning revenue after USDH hits major growth milestones. And even then, their earnings are capped at 5%. It’s like they’re saying, “We’re in this together, folks.” 🤜🤛

All fees will be paid in HYPE tokens, aligning Paxos and the community like two astronauts tethered in space. The more Hyperliquid grows, the more everyone benefits. It’s a win-win, or as they say in space, a double-thruster boost. 🚀🚀

Following the news, Hyperliquid’s HYPE token price jumped by nearly 1.5% in the last 24 hours, trading around $55.18. Not bad for a token that’s just getting started on its journey to the stars. 🌟

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2025-09-10 13:14