Decentralized cryptocurrency derivatives exchange Hyperliquid (HYPE) continues to attract attention with its recent moves.
At this point, Hyperliquid recently announced that it will launch its native stablecoin, USDH.
Hyperliquid announced on Discord that it plans to launch its own native stablecoin, USDH.
This development has increased institutional interest in Hyperliquid (HYPE), with Jan van Eck, CEO of US asset management firm VanEck, announcing his desire to be part of the Hyperliquid ecosystem.
VanEck CEO Jan van Eck shared his confidence in the Hyperliquid ecosystem and praised Hyperliquid’s technology in a post from his X account.
“I am very impressed with Hyperliquid’s products, technology, and decentralized governance. I look forward to becoming a part of the Hyperliquid ecosystem.
I’m currently in contact with many HyperEVM developers. I’ll continue to look for new ways to contribute to the Hyperliquid ecosystem.”
The famous CEO added that he has been a long-time Hyperliquid investor and is bullish on the HYPE token.
“We are bullish on Hyperliquid. I’ve been holding HYPE for a few months already,” the CEO said.
*This is not investment advice.