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Hyperliquid USDH Special Day 2

The Rollup

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Navigating the Stablecoin Landscape

This chapter explores the evolving dynamics of stablecoins, highlighting the impact of new entrants like Tempo and Plasma amid competitive pressures from established players such as Tether and Circle. It discusses the significance of stablecoins in underbanked regions, the implications of U.S. interest rate changes, and the potential for yield-driven user behavior. Furthermore, the chapter reflects on innovative gold-backed stablecoins and the community discussions around market trends and cryptocurrency performance.

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