Hyperliquid USDH

USDH is a US dollar stablecoin built for the Hyperliquid ecosystem and designed by Native Markets. It is backed 1:1 by cash, US Treasuries, and cash equivalents, and is positioned as a native quote and settlement asset for trading on Hyperliquid-linked markets. USDH aims to combine conventional reserve backing with tighter integration into on-chain market infrastructure.