Home » Blitz news » Hyperliquid Debuts Stablecoin USDH as Rivalry With Aster DEX Heats Up Hyperliquid’s new USDH stablecoin goes live as rival Aster DEX surges past it in trading volume. Hyperliquid has introduced its first native stablecoin, USDH, on the exchange’s HyperCore network, in a move aimed at strengthening its ecosystem as competition among decentralized exchanges intensifies.