Ethena Labs or implies joining the competition for the issuance rights of the USDH stablecoin under Hyperliquid

ChainCatcher news, the third largest USD stablecoin USDe issuer Ethena Labs seemingly hints at joining the competition for the USDH stablecoin issuance rights under Hyperliquid. Ethena Labs posted this morning, "Dear Jeff (co-founder of Hyperliquid), I wrote to you, but you still haven't called back. I sent two USDH proposals last fall, and you definitely didn't receive them. Maybe there was an issue with Discord or something else; sometimes I write the deployment address too hastily."

On September 5th, Hyperliquid announced the release of the USDH token symbol for stablecoin issuance, requiring institutions to submit proposals by September 10th (Wednesday), with voting taking place on September 14th (Sunday).