The Coin Detective
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Sky Backs Hyperliquid’s USDH Stablecoin with $25M Growth Boost

By https://coinpedia.org/ on September 9, 2025

The post Sky Backs Hyperliquid’s USDH Stablecoin with $25M Growth Boost appeared first on Coinpedia Fintech News Sky, formerly MakerDAO, proposed to help launch Hyperliquid’s USDH stablecoin. It offers a 4.85% yield on USDH, higher than US Treasury bills, and compliance options under the GENIUS Act. Sky commits $25 million to autonomously grow DeFi on Hyperliquid, aiming to boost ecosystem development. The proposal includes $2.2 billion in instant liquidity and plans to …

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