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Paxos released USDH Proposal V2 on September 10, outlining three upgrades: HYPE availability on PayPal and Venmo, free USDH on/off-ramps, and $20 million in ecosystem incentives. Paxos will only earn revenue after USDH hits its TVL target, with fees capped at 5% and paid in HYPE. As a regulated stablecoin issuer, Paxos plans compliant global issuance, starting with markets like Europe. The update aims to scale USDH distribution while aligning incentives across users, partners, and builders.
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- Qadir AK
Qadir AK
Qadir Ak is the founder of Coinpedia. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010. He has also interviewed a few prominent experts within the cryptocurrency space.
- Sep 10, 2025 07:41 UTC
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Paxos Unveils USDH Proposal V2 with PayPal/Venmo Access
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