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Agora proposes that it join forces with Rain and LayerZero to provide USDH stablecoin support for Hyperliquid."

According to online reports, stablecoin startup Agora proposes that it join forces with infrastructure providers such as Rain and LayerZero to jointly provide USDH stablecoin support for Hyperliquid. Agora promises to use all USDH net income for HYPE repurchase and fund support, and provide at least US$10 million in initial liquidity. USDH will adopt a compliance structure, have multi-local distribution qualifications, and give priority to serving the Hyperliquid ecosystem to avoid lock-in or diversion from external platforms.

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