💥 Gate Square Event: #PTB Creative Contest# 💥
Post original content related to PTB, CandyDrop #77, or Launchpool on Gate Square for a chance to share 5,000 PTB rewards!
CandyDrop x PTB 👉 https://www.gate.com/zh/announcements/article/46922
PTB Launchpool is live 👉 https://www.gate.com/zh/announcements/article/46934
📅 Event Period: Sep 10, 2025 04:00 UTC – Sep 14, 2025 16:00 UTC
📌 How to Participate:
Post original content related to PTB, CandyDrop, or Launchpool
Minimum 80 words
Add hashtag: #PTB Creative Contest#
Include CandyDrop or Launchpool participation screenshot
🏆 Rewards:
🥇 1st
Currently, there are already five companies that have joined the competition for the issuance rights of Hyperliquid stablecoin USDH.
They are: Paxos, Ethena, Frax, Agora, Native. There is one week left until the voting decision.
Paxos emphasizes compliant stablecoins, willing to use 95% of interest income to repurchase HYPE coins.
Ethena has repeatedly expressed this intention, and currently its USDe is growing rapidly.
Frax BlackRock background, wants to achieve seamless exchange between USDH and USDC, USDT.
Agora has formed a bidding alliance, implying that 100% of the net income will be donated to the Hype platform or used to repurchase HYPE coins.
To be honest, it's the first time in the history of the crypto space that stablecoin issuers are this proactive. Hyperliquid has indeed created new history this time.