Paxos just dialed up the stakes in the USDH stablecoin showdown like a kid with a party horn at a crypto conference. Their new proposal? A financial circus where PayPalâs the ringmaster and Paxos is juggling revenue caps like a one-man band with a PhD in âIâll win if you win!â đ¤Ą
- Paxosâ USDH proposal now includes PayPal, Venmo, and $20M in incentives-because nothing says âglobal adoptionâ like sending money to a sock puppet! đ§Ś
- Paxos promises to reinvest USDH revenue until TVL hits $1B⌠then takes 5% like itâs the boss of a crypto Ponzi scheme. âTrust us, weâre lawyers!â đ
- Theyâll integrate USDH with fintech firms to scale liquidity-because nothing says âenterprise growthâ like a spreadsheet that cries when you click âenter.â đ
- Competitors? Oh, just Ethena, Sky, and LayerZero. Nothing to see here. Move along. đť
Stablecoin issuer Paxos has rewritten its USDH proposal like a desperate ex trying to win back Hyperliquid. The new plan? A PayPal partnership, Venmo on/off-ramps, and $20M in incentives-because nothing screams âtrustâ like a payment giant with 400M users and 35M merchants whoâve probably never heard of DeFi. đ
PayPal, Venmo, and the Great USDH Heist đ˘
Paxos is now listing HYPE tokens on PayPal and Venmo like itâs 2008 and everyoneâs buying Beanie Babies. Theyâll offer free USDH on/off-ramps-because nothing says âfinancial innovationâ like a QR code that doesnât scan. đ§ž
With 400M PayPal users and 35M merchants, Paxos claims thisâll âboost adoption.â Sure, because nothing says âmass adoptionâ like a stablecoin thatâs basically a glorified Venmo balance. đ¸
Revenue Reinvestment: Because Who Needs Profit? đ¤
Paxosâ new plan? Reinvest USDH revenue into Hyperliquidâs growth until TVL hits $1B. After that? Theyâll take 5% like itâs their birthday and theyâve already opened the presents. âWe only win if you win!â they cry-while secretly calculating how many donuts that 5% can buy. đĽ
Global Scaling: The Only Game in Town? đ
Paxos boasts itâs the only stablecoin issuer legally allowed to operate in Europe-because nothing says âglobal dominanceâ like begging regulators for permission slips. Meanwhile, competitors are stuck in compliance purgatory, sipping lukewarm coffee and wondering if theyâll ever get a license. â
The USDH Zoo đŚ
Paxos isnât alone in this crypto beauty pageant. Competitors like Frax, Agora, and Ethena are all vying for the USDH crown, each with their own ârevolutionaryâ plans. Frax wants to back USDH with frxUSD and BlackRockâs BUIDL Fund-because nothing says âstabilityâ like a fund named after a meme. đś
Ethena, meanwhile, promises to return 95% of revenue to Hyperliquid. Thatâs generous⌠if you ignore the 5% theyâll pocket like itâs a tax. âWeâre philanthropists! Just⌠crypto philanthropists!â đ¤
With voting starting September 14, the Hyperliquid community faces a choice: Paxosâ PayPal-powered dream or a zoo of contenders promising moonshots and free T-shirts. Either way, the real winner is the guy who bought USDH at $0.99. đ
tags and color styles. The humor should be woven into each section, adding emojis where appropriate without overdoing it.
Check the structure: each section should have a funny heading and content. For instance, the PayPal integration can be described with a pun like “PayPal and Venmo – because nothing says âtrustâ like sending money to a sock puppet!”
the partnership, revenue reinvestment, global scaling, competition. But present them in a humorous way. For example, “Paxosâ plan to reinvest revenue until USDH hits $1B TVL is like dieting until youâre a millionaire – noble, but probably not happening.”
Also, the competitors section can be a joke about the “zoo of contenders” and “cryptoâs answer to a beauty pageant for spreadsheets.”
Need to ensure the HTML structure is correct, with the title in
for subheadings but make sure they’re styled with humor.
Finally, wrap up with a funny closing line like “Stay tuned for the crypto showdown of the decade… or just check your wallet.”
Double-check the requirements: no markdown, HTML format, no color styles, title in
Alright, time to put it all together, keeping each section lively and in Mel Brooks’ comedic style.
Done in 9s.
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2025-09-10 14:00