logo

Paxos updates USDH Proposal v2, will partner with PayPal, and receive a $20 million PayPal Eco-incentive.

By: theblockbeats.news|2025/09/10 04:12:48

BlockBeats News, September 10th, stablecoin issuer Paxos has updated the USDH proposal to version 2, which provides three upgrades:


First, a partnership with PayPal, where HYPE will launch on PayPal/Venmo (subject to regulatory approval), offering free USDH deposits and withdrawals, a $20 million ecosystem incentive, and global payment integrations among Checkout, Braintree, Venmo, Hyperwallet, and Xoom;


Second, a clear AF-first incentive structure, where Paxos will only earn revenue after reaching a TVL milestone, capped at 5%, with all fees collected in HYPE tokens;


Third, Paxos will be able to legally issue stablecoins in Europe, ensuring USDH can expand globally in a fully compliant manner.

WEEX launches the 142nd WE-Launch project HELLO Labs, airdropping 1.1 million HELLO tokens.
Uniswap Labs Appoints Derek Walkush as Head of Unichain Growth

You may also like

Share
copy

Gainers

Latest Crypto News

03:15

Circle minted 1 billion USDC on the Solana network in the past 24 hours

02:15

A whale address bought 25.56 million ENA tokens in the past 4 days and still holds 5.78 million USDT to continue buying.

02:15

Crypto Fear & Greed Index Rises to 28, Exiting "Extreme Fear" Zone

02:15

A whale address has deposited 2 million U into HyperLiquid to leverage 5x long on SOL

02:15

Current mainstream CEX, DEX funding rate display shows that the market is still in a strong bearish sentiment.

Read more
Community
icon
icon
icon
icon
icon
icon
icon

Customer Support@weikecs

Business Cooperation@weikecs

Quant Trading & MMbd@weex.com

VIP Servicessupport@weex.com