Native Markets won bid for USDH stablecoin issuance, to release its first improvement proposal

According to Foresight News, according to The Block, Native Markets was selected for the USDH stablecoin issuance bid. Founder Max Fiege said the project will release its first Hyperliquid improvement proposal (HIP) in the coming days and simultaneously launch Ethereum-based ERC-20 tokens. The initial stage will enter the testing phase, with the maximum limit of single casting and redemption amounts of US$800, which is only open to some users. The USDH/USDC spot trading pair will then be launched, and unlimited casting and redemption will be opened.
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