Hyperliquid Can Get Its Own Stablecoin: Will USDH Launch Push HYPE to New ATHs?

Hyperliquid’s native token, HYPE, is trading higher on speculation that the network could soon introduce its own regulatory-compliant stablecoin, USDH, through a partnership with Paxos. The stablecoin’s design is unusual: 95% of the interest revenue generated by USDH will be directed toward HYPE buybacks, effectively linking stablecoin adoption to sustained demand for the token.

The news arrives as HYPE continues to outperform broader market peers, raising questions over whether the structural shift in tokenomics could drive the asset toward fresh all-time highs.

USDH as a Structural Demand Driver

Stablecoins have become integral to liquidity across crypto ecosystems, and the Paxos-backed USDH introduces a feedback loop that may prove supportive for HYPE’s valuation. Each expansion in USDH circulation will create automatic buying pressure on HYPE, shrinking available supply.

Institutional adoption could amplify this effect. Paxos already works with more than 70 financial institutions, providing a direct channel for regulated market participants to enter the Hyperliquid ecosystem. Comparable stablecoin launches in other ecosystems have boosted liquidity by roughly 30%, offering a precedent for what may follow.

Technical Signals Point to Upside

Source: coinmarketcap 

At $55.24, HYPE is trading comfortably above its Fibonacci retracement supports ($51.66–$49.51). Technical indicators confirm bullish sentiment, though with signs of overheating:

• The RSI-14 at 66.48 is approaching overbought levels.

• The MACD (1.56 vs. 0.868) shows momentum remains firmly to the upside.

Near term, traders are watching the 127.2% Fibonacci extension at $59.13 as the next upside target. A sustained close above $55.13, the recent swing high, could also accelerate FOMO-driven flows. Still, elevated RSI readings leave scope for short-term profit-taking before the broader uptrend resumes.

Outset PR Translates Market Shifts Into Verifiable Impact

Market milestones like USDH’s planned launch highlight the importance of narrative in shaping investor perception. Just as buybacks create structural demand for HYPE, effective communications can ensure these developments are properly contextualized for both institutional and retail audiences.

That’s the approach of Outset PR, the agency founded by crypto strategist Mike Ermolaev. The firm operates like a data-driven workshop, weaving client stories into market context rather than relying on generic placements. Campaigns are powered by proprietary traffic acquisition technology, blending editorial coverage with SEO and lead generation to deliver outsized visibility.

The model has generated measurable results across the sector. ChangeNOW expanded its customer base by 40% through a multi-layered campaign optimized for Google Discover. Step App increased engagement in the US and UK, coinciding with a 138% rally in its FITFI token. Choise.ai achieved a 28.5x token gain during a strategically timed coverage push.

For projects facing pivotal milestones, whether new product launches or ecosystem upgrades, Outset PR provides the clarity and reach to ensure these events are not only reported but translated into sustained market confidence.

You can find more information about Outset PR here:

Website: outsetpr.io
Telegram: t.me/outsetpr
X: x.com/OutsetPR 

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

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