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2026-03-15 10:03
View OriginalChainThink report, March 15: The issuer of Hyperliquid's native stablecoin USDH, Native Markets, will launch tokenized margin pmUSDH. After users deposit USDH into their portfolio margin accounts, the protocol will convert this position into an ERC-20 formatted pmUSDH token. This tokenization also entitles holders to interest earnings paid by borrowers, and the pmUSDH token can be utilized across DeFi protocols including Felix, Hyperlend, Pendle, and Rysk.
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