Frax founder: The competition for USDH issuance rights is not for potential profits, but to grab a large distribution scenario
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最新报道：According to Bijie.com, Frax founder Sam Kazemian stated in a post on X that for stablecoin issuers and infrastructure companies, the key to submitting proposals for the Hyperliquid stablecoin USDH isn't about revenue sharing; the real value lies in achieving interoperability and deep, 1:1 integration with Hyperliquid's massive distribution platform. In fact, all shortlisted proposals (Frax, Paxos, and Agora) have offered to return 100% of their profits.
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