Ethena Labs launches USDH stablecoin issuance bidding
Sep 12, 2025 15:15:02
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ChainCatcher news, Ethena Labs founder Guy Young posted on social media stating that through direct communication with community members and validation nodes, Ethena Labs has seriously considered some key issues, namely:
- Ethena is not the native team of Hyperliquid
- Ethena has other product lines besides USDH
- Ethena's vision is not limited to cooperation with a single trading platform.
In light of the current situation being nearly clear, Ethena Labs will respectfully withdraw the proposal so that validation nodes can freely support other options.
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