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BTC
$61,573.49
-3.85%
ETH
$1,647.89
-2.80%
BNB
$590.04
-2.40%
XRP
$1.12
-3.53%
SOL
$65.09
-3.65%
TRX
$0.3224
-1.38%
DOGE
$0.0850
-2.43%
ADA
$0.1661
-2.51%
BCH
$203.59
-3.87%
LINK
$7.82
-3.22%
HYPE
$59.98
-7.78%
AAVE
$61.00
-6.02%
SUI
$0.7433
-3.55%
XLM
$0.1976
-2.33%
ZEC
$454.34
+2.53%
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Analysis of the USDH Bidding Event: A Power Struggle Reshaping the Rules of the Stablecoin Market
This chaotic auction battle marks the end of the era where old and stable issuers could win effortlessly.
2025-09-15
USDH
stablecoin
bidding
Hyperliquid
liquidity
seigniorage
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