Stablecoin Showdown: Stripe, MoonPay, and Crypto Chaos 😅
Hyperliquid, in a Friday Discord missive that felt more like a wanted poster, declared its desire for a “Hyperliquid-first” stablecoin. Native Markets fired the first shot, suggesting Stripe’s Bridge payment processor handle the job. They promised to toss some reserve proceeds into Hyperliquid’s Assistance Fund treasury, mint directly on the ecosystem, and stay squeaky clean with regulators. But oh, the drama was just beginning.




