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The USD/CHF exchange rate has plunged in the past three consecutive days, reaching its lowest level since July 24 as investors moved to the low-yielding Swiss franc. It dropped to a low of 0.7928, down by 14% from the year-to-date high.

Top banks are favoring the Swiss franc 

The USD/CHF has pulled back in the past few months as investors dumped the US dollar amid worries about the economy and its relations with other countries.

In a note, Shusuke Yamada, a top analyst from Bank of America, said that he favored the Swiss franc as the best bet to consider amid the increasing risk premium for the US dollar and Japan.

Similarly, analysts at Goldman Sachs noted that the ongoing political instability in Japan should be supportive of the Swiss franc, which has now become a better safe-haven asset.

The Swiss franc has thrived despite the country’s low interest rates because of its political stability, neutrality in world’s affairs, and its strong economy. This explains why most foreign exchange reserve managers have increased their allocations to the currency to 0.76%, the highest level since 1992.

US concerns remain

The USD/CHF exchange rate has plunged because of the ongoing US dollar index (DXY) plunge amid the rising expectations that the Federal Reserve will cut interest rates. 

The odds of a Fed cut jumped after the US published a series of weak jobs numbers on Friday. That report showed that the economy created 22,000 jobs as the unemployment rate rose to 4.3%.

The US labor market has been weaker-than-expected, with that report coming short of the expected 75,000. Additionally, the Bureau of Labor Statistics (BLS) said that the economy lost jobs in June.

In contrast, the Swiss economy is doing better, with the seasonally adjusted inflation rate standing at 2.9%. Inflation in the country has remained much lower than expected. 

The upcoming US inflation data is expected to show that the headline and core consumer inflation rose in August. Precisely, the average estimate is that the headline inflation rose to 3%, while the core CPI rose to 3.1%, moving further away from the Federal Reserve’s target of 2.0%.

Therefore, the bank will likely cut interest rates on Wednesday despite the US being in stagflation. Stagflation is a period characterized by high inflation and slow economic growth. 

In contrast, the Swiss bank has slashed interest rates to zero and may push it to cut rates to the negative zone in a bid to devalue the franc. 

USD/CHF technical analysis

USD/CHF chart |Source: TradingView

The daily timeframe chart shows that the USD/CHF exchange rate has been in a strong downtrend in the past few months. It has plummeted from a high of 0.9200 in February to 0.7922, its lowest level since July this year. 

The pair has moved below the 50-day and 25-day Exponential Moving Averages (EMA), a sign that the downtrend is strengthening. Also, the Relative Strength Index (RSI) has moved below the neutral point of 50.

The MACD indicator has moved below the zero line. Most notably, it is slowly nearing the important support level at 0.7870, its lowest level in July this year. 

Therefore, the USD/CHF exchange rate will likely continue falling as sellers target the support at 0.7870, followed by the psychological point at 0.7800, its lowest level on July 1.

The post USD/CHF forecast: Why Swiss franc is firing on all cylinders appeared first on Invezz

Teck Resources stock price is set to surge today, Sep. 9, after reports of an impending buyout by Anglo American. TECK was trading at $35.11 in New York, down by over 35% from its highest point in 2024. It jumped by 24% in the extended hours.

Anglo American to acquire Teck Resources

The main catalyst for the Teck Resources stock is a report that Anglo American is in talk to acquire it. This deal, which Bloomberg first made, may be announced as soon as this week. 

It will be the biggest mining deal in years, and it comes at a notable period for the two companies. Teck Resources rejected an acquisition bid by Glencore, noting that it grossly undervalued its business. Instead, the company offloaded its coal operations to Glencore. 

Meanwhile, Anglo American rejected a $49 billion buyout from BHP Group. Today, it has a market capitalization of $34 billion after its stock plunged by over 23% from its highest point in 2024. 

Still, it is unclear the amount that Anglo American will make for Teck Resources. Most importantly, it is unclear whether Teck’s founding family will agree to sell and the amount it will agree.

Teck Resources is seen as a crown jewel in mining

Teck, a Canadian company, is widely seen as being the crown jewel in the mining industry. It is a beloved firm because of its market share in the copper sector, which is expected to continue growing.

The most recent results showed that its adjusted EBITDA in the second quarter exceeded $722 million, thanks in part to its Trail operations. 

Its adjusted profit for the quarter was $187 million. Most importantly, the company has continued to return funds to investors. It has returned about $1 billion to investors this year, and is in the process of buying shares worth $3.25 billion, a substantial amount for a company worth over $17 billion. 

The company also expects its production to be steady this month. It expect to produce between 470,000 and 525,000 tons of copper this year and between 525,000 and 575,000 tons of zinc.

Teck Resources stock price analysis

Teck stock chart | Source: TradingView

The daily timeframe chart shows that the Teck stock price bottomed at $28.3 in April this year. It then rebounded to $42 in July and then pulled back as it launched its strategic review. 

The Teck stock price has now jumped to $43 in the extended hour. It has moved above the important resistance at $42.37, it highest swing in July. 

It has now moved above the 50-day and 100-day moving averages. It also jumped closer to the ultimate resistance level of the Murrey Math Lines.

Therefore, the stock will likely continue rising as bulls target the extreme overshoot point at $46.8. This surge will continue as investors wait for more details about the deal. 

The post Teck Resources stock price surges ahead of Anglo American acquisition appeared first on Invezz

The post Tron Price Prediction 2025, 2026 – 2030: Can Tron Reach $1 in 2025? appeared first on Coinpedia Fintech News

Story Highlights

  • The live price of the Tron coin is  $ 0.33758191
  • Tron crypto could reach a maximum of $0.73 in 2025.
  • TRX coin price could go as high as $3.55 by 2030.

Tron has been scaling steadily, powered by its decentralized community governance and diverse offerings such as SunSwap, Tron Wallet, JustStable, and Just DAO. Known for speed, scalability, and low fees, it has built a solid position in the blockchain world. In a notable event, the Tron founder, Justin Sun, has announced the transaction fee cut by 60%.

With the overall market taking an uncertain influence, questions like “Is TRX a good investment?” are rising in the crowd. With Coinpedia’s technical analysis, recent updates, developments, and various price prediction methods, we can ride the TRX price action from 2025 up to 2030.

Table of Contents

  • Story Highlights
  • Tron Price Prediction for September 2025
  • TRON Price Prediction 2025
  • TRON Price Targets 2026 – 2030
  • TRX Price Prediction 2026
  • TRON Coin Price Projection 2027
  • TRON Crypto Price Forecast 2028
  • TRON Token Price Action 2029
  • TRON (TRX) Price Prediction 2030
  • Tron Price Prediction 2031, 2032, 2033, 2040, 2050
  • Market Analysis
  • CoinPedia’s TRX Price Prediction
  • Reality Check: Obstacles on the Road to $1
  • FAQs

TRON Price Today

Cryptocurrency TRON
Token TRX
Price $0.3376

1.38%
Market Cap $ 31,956,732,943.38
24h Volume $ 1,002,796,113.6393
Circulating Supply 94,663,641,158.1045
Total Supply 94,663,653,105.2286
All-Time High $ 0.4407 on 03 December 2024
All-Time Low $ 0.0011 on 15 September 2017

Tron Price Prediction for September 2025

Tron is trading near $0.33 after facing rejection near the $0.355 resistance. RSI at 44 indicates neutral conditions, suggesting a potential cooling phase. Key support lies at $0.30, which has held well recently. If bulls regain momentum and breach $0.355, the next target could be $0.38. For September 2025, TRX may trade between $0.30, $0.345, and $0.38, depending on broader market sentiment and breakout strength above key resistance levels.

Month Potential Low Potential Average Potential High
September 0.3 0.345 0.38

TRON Price Prediction 2025

According to CryptoQuant, TRON has now processed over 11.1 billion lifetime transactions, showing how far the network has come. Between early May and mid-August alone, about 860 million transactions were recorded, proving consistent demand within its ecosystem. Beyond these figures, large investor activity points toward increasing institutional interest, which supports confidence in TRON’s long-term future.

On an optimistic note, investors can find the TRX coin price sustaining above the psychological barrier of $0.70 and creating another swing high at $0.73. In case of a bearish correction, the TRX prices might slide down to $0.39, making an average price of $0.56.

Year  Potential Low Potential Average Potential High
2025 0.39 0.56 0.73

Also, read our Ethereum Price Prediction 2025, 2026 – 2030!

TRON Price Targets 2026 – 2030

Year Potential Low ($) Potential Average ($) Potential High ($)
2026 0.60 0.85 1.10
2027 0.77 1.13 1.49
2028 0.94 1.50 2.07
2029 1.35 2.01 2.68
2030 1.82 2.69 3.55

TRX Price Prediction 2026

By 2026, the TRX coin price is expected to hit a high of $1.10, surpassing the next crucial psychological level of $1.00. In case of an economic slowdown, the TRX price is expected to make a low of $0.60, with an average of $0.85.

TRON Coin Price Projection 2027

With a potential recovery in 2027, the TRX price is expected to continue the bull run and retest the high of $1.49. On the flip side, the TRX crypto can bottom out at $0.77, with an average of $1.13.

TRON Crypto Price Forecast 2028

With continued bullish momentum in 2028, the TRX price can form a range between $0.94 and $2.07, with an average price of $1.50.

TRON Token Price Action 2029

The TRX price is expected to surpass the psychological barrier of $2.50. Creating a new swing high at $0.2.68, the TRX crypto might form a low at $1.35, with an average of $2.01.

TRON (TRX) Price Prediction 2030

TRX coin price is expected to create a new all-time high of $3.55 in 2030. With a potential low of $1.82, the crypto will have an average price of $2.69.

Tron Price Prediction 2031, 2032, 2033, 2040, 2050

Year Potential Low ($) Potential Average ($) Potential High ($)
2031 2.08 3.34 4.61
2032 2.73 4.41 6.09
2033 3.52 5.67 7.83
2040 14.08 20.87 27.67
2050 84.66 127.87 171.09

Market Analysis

Firm Name 2025 2026 2030
Changelly $0.272 $0.355 $1.71
Coincodex $0.275 $0.265 $0.490
Binance $0.272 $0.285 $0.347

CoinPedia’s TRX Price Prediction

Based on Coinpedia’s TRON price forecast, the anticipated price of the TRON cryptocurrency could potentially peak at $0.73 this year.

However, should bearish trends prevail, the value of TRON might plummet to a low of $0.39. Consequently, the expected average price stands at approximately $0.56.

We expect the TRX coin price to reach a high of $0.73 in 2025.

Year  Potential Low Potential Average Potential High
2025 0.39 0.56 0.73

Reality Check: Obstacles on the Road to $1

While the future is bright, TRX will face challenges in reaching $1. Key among the risks:

  • Competition from other blockchains like Ethereum, Cardano, and Polkadot, which have large developer communities and resource advantages. Emerging layer-1s are also racing to scale.
  • Regulatory hurdles remain if governments restrict crypto usage or impose new rules around decentralized applications. Increased scrutiny could dampen growth.
  • Market volatility is inevitable, as seen from past crypto winters. One uncertain macro event may lead to sudden price drops, impairing TRX momentum in the short term.

Also, read our Solana Price Prediction 2025, 2026 – 2030!

FAQs

Is Tron a good investment?

Yes, Tron coin is a profitable investment if considered for the long term.

How High can TRX go by the end of 2030?

However, with increased adoption and rising demands, the Tron price can reach $3.55 by 2030.

Is Tron Blockchain better than Ethereum Blockchain?

The Ethereum ecosystem is currently facing a serious problem of gas fees. Therefore, addressing the issue, TRON Blockchain claims to lower transaction fees by allowing gas-free transactions using USDT.

Can TRX reach $1 in 2025?

According to CoinPedia’s TRX price prediction. The digital asset could close its trade with a maximum price tag of $0.73 by 2025. 

How to buy TRON?

TRON’s TRX is available for trades across prominent cryptocurrency exchange platforms such as Binance, Coinbase, Zebpay, and Kraken.

How much would the price of Tron be in 2040?

As per our latest TRX price analysis, Tron could reach a maximum price of $27.67.

How much will the TRX coin price be in 2050?

By 2050, a single Tron price could go as high as $171.09.

The post Nasdaq Invests $50M in Gemini Ahead of IPO appeared first on Coinpedia Fintech News

Gemini, the cryptocurrency exchange founded by Cameron and Tyler Winklevoss, is preparing for a major step forward with its upcoming listing in New York. Just before the launch, the company secured Nasdaq as a strategic investor. 

Nasdaq is committing $50 million, showing strong confidence in Gemini at a time when digital assets are slowly gaining acceptance in traditional finance. This partnership is not only about funding but also about creating long-term collaboration between the two platforms.

A Strategic Partnership Beyond the IPO

According to Reuters, the agreement between Gemini and Nasdaq goes further than a simple investment. Nasdaq’s clients will soon gain access to Gemini’s custody and staking services. In return, Gemini’s institutional clients will be able to use Nasdaq’s Calypso platform to manage and track collateral. For the crypto industry, which often struggles with security and trust issues, this connection with one of the most respected names in traditional markets is an important milestone.

Gemini’s decision to go public comes at a time when the US stock market is enjoying a strong rebound. Investors are showing renewed interest in new listings, with companies like Circle and Bullish recording impressive first-day performances. 

By choosing this moment, Gemini is positioning itself to benefit from the positive mood in the market while also showing that crypto companies are no longer standing on the sidelines.

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  • Also Read :
  •   Big News: Washington Accused of Using Crypto to Escape $37 Trillion Debt Burden
  •   ,

Gemini’s Current Challenges

While the exchange has made headlines with its growth, it is still working through financial struggles. Gemini reported a net loss of $282.5 million in the first six months of 2025, a steep jump from the year before. 

Despite this, the company continues to hold $21 billion in assets and has processed $285 billion in lifetime trading volume. Gemini also runs an over-the-counter trading desk, a US-based credit card, and supports a wide range of digital assets, including Bitcoin, Ether, and stablecoins.

Crypto analyst NickBuzz highlighted that Gemini’s IPO with Nasdaq as a strategic investor marks a step toward legitimizing crypto exchanges in mainstream finance. Meanwhile, the planned $317 million raise and Nasdaq’s $50 million private placement show confidence in Gemini’s future, though questions remain about how much independence the exchange can retain under such close ties.

What It Means for the Crypto Market

If Gemini succeeds in its listing under the ticker GEMI, it will join Coinbase and Bullish as one of the few publicly traded crypto exchanges. This move highlights how digital assets are becoming more integrated into mainstream finance. For the Winklevoss twins, often called the Bitcoin twins, the IPO represents another step in turning early vision into lasting impact.

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FAQs

What is the new partnership between Gemini and Nasdaq?

Nasdaq is investing $50 million in Gemini and will collaborate on services. Nasdaq clients will access Gemini’s custody and staking, while Gemini’s institutional clients will use Nasdaq’s Calypso platform.

What is Gemini’s stock ticker symbol?

Gemini’s stock ticker symbol will be GEMI when it goes public. The exchange has received approval to list on the Nasdaq Global Select Market.

When is the Gemini (GEMI) IPO happening?

Gemini’s IPO is upcoming in New York. The exact date is not specified, but it coincides with a strong rebound in the US stock market.

The post Why Is Ripple Burning Millions of RLUSD Tokens? appeared first on Coinpedia Fintech News

Ripple is making strategic moves to maintain the strength and stability of its RLUSD stablecoin, carrying out its largest token burn in weeks.

Meanwhile, RLUSD adoption is picking up, with businesses and banks beginning to use it for payments and other services.

Ripple Executes Largest RLUSD Burn in Weeks

According to data from Ripple Stablecoin Tracker, over 2.71 million RLUSD tokens were burned on September 9, marking the largest single burn in weeks after a series of reductions over the past two weeks.

According to the tracker, the company burned 1 million RLUSD twice on September 3 and another million on August 29. 

These burns are part of Ripple’s standard process for managing RLUSD. The company issues new tokens when demand rises and removes excess supply through burns when dollars return to its reserves, ensuring that RLUSD remains fully backed and stays close to its one-dollar peg.

RLUSD Trading Volume Spikes

RLUSD is currently trading near $1, with a market capitalization of over $728 million. Its trading volume has surged to $88.51 million, up 88% in the past 24 hours, as per data from Coinmarketcap. RLUSD is also among the top 10 stablecoins by market cap.

VivoPower Adopts RLUSD

VivoPower International recently announced that its electric vehicle subsidiary, Tembo, now accepts payments in RLUSD stablecoin. The company noted that customers in developing markets often face high fees and slow transfers. By integrating RLUSD, Tembo plans to make international payments faster and cheaper. 

However, Attorney Bill Morgan notes that it is accepting only RLUSD payments, and not XRP itself. He also noted that although RLUSD exists on both the XRP Ledger and Ethereum, most of its supply is on Ethereum.

Ripple’s European Push

Meanwhile, Ripple is also making big moves in Europe. It has partnered with Spain’s second-largest bank, BBVA, to provide its crypto custody technology, supporting the bank’s new retail crypto trading and storage service for Bitcoin, Ether, and other tokenized assets.

The post Bybit and Sygnum Bank Join Forces to Strengthen Institutional Crypto Security appeared first on Coinpedia Fintech News

Bybit is stepping up its game for institutional investors. The world’s second-largest crypto exchange by trading volume has announced a strategic partnership with Switzerland’s Sygnum Bank to deliver bank-grade, off-exchange custody for crypto assets.

The move brings together Bybit’s deep liquidity and wide product range with Sygnum’s reputation for secure, regulated digital asset banking. For institutions looking for safer ways to trade crypto, this could be a game-changer.

Easy Trading Without Moving Funds

The partnership is centered around Sygnum Protect, a custody platform that lets institutions keep their assets off Bybit’s balance sheet while still trading spot and derivatives on the exchange.

Instead of shifting funds back and forth between the bank and the exchange, clients’ balances are mirrored on Bybit. Trading profits and losses are settled every eight hours, a setup designed to improve transparency and capital efficiency.

Swiss Security Standards at the Core

Sygnum is already the largest bank-operated off-exchange custody platform, supporting over half of global spot and derivatives trading volumes. Assets on the platform are protected under Swiss banking laws and secured by strict governance, independent audits, and advanced hardware and software controls.

Adding Bybit to its roster, which already includes Binance and Deribit, boosts Sygnum’s growing influence in institutional crypto services.

Bybit’s Custody Network Keeps Growing

For Bybit, this deal is part of a larger push to strengthen its custody offerings. The exchange already works with Fireblocks, Copper, and Cactus. With Sygnum on board, it now offers regulated Swiss-level custody within its ecosystem.

“Crypto and stablecoin infrastructure is evolving, and managing counterparty risks is essential for further institutional adoption,” said Yoyee Wang, Head of Bybit’s Business-to-Business Unit. “Our partnership with Sygnum Bank not only gives clients access to Bybit’s industry-leading products and liquidity, but also ensures their assets are safeguarded with the highest standards of Swiss banking.”

Dominic Lohberger, Chief Product Officer at Sygnum, added, “The rapid adoption of Sygnum Protect by institutional clients trading on Binance, Deribit, and now Bybit, demonstrates the urgent need for bank-grade, off-balance sheet custody solutions.”

Exchanges and banks are working closer than ever to make crypto safer for institutions. Bybit’s latest move shows that the demand for regulated, reliable custody is only getting stronger.

The post Bitcoin Targets $115K, Ethereum Eyes $4,500 as Fed Rate Cut Bets Rise Optimism—What’s Next? appeared first on Coinpedia Fintech News

Bitcoin and Ethereum are holding steady as optimism over potential U.S. rate cuts drives a cautiously bullish mood in the crypto market. Bitcoin has managed to sustain levels above $112K, reflecting resilience despite recent macro headwinds, while Ethereum trades around $4,300, showing relative stability amid mixed altcoin performance. Investors are increasingly pricing in Federal Reserve easing this month, with expectations ranging from a 25 bps to a 50 bps cut. This growing rate-cut optimism is fueling liquidity-driven bets, though caution remains ahead of the Fed’s September decision.

Bitcoin Breaks the Resistance

The BTC price has broken an important resistance zone, which validates a revival of a bullish trend. The token is consolidating above $112,000, a zone that has emerged as near-term support. In the times when the price was expected to test the support of the descending parallel channel, the potential rate cut has turned into a huge bullish catalyst. Now the question arises whether the current upswing is short-lived.

The Bollinger bands are going parallel, while the OBV continues to descend, which suggests the bears are holding a notable dominance. However, a resistance has formed around $115K to $117K, where profit-taking could intensify. A confirmed breakout above this region may open the door for a rally toward $120K, while a failure could drag the levels close to $110K. The market is showing signs of accumulation, but the traders remain cautious given the potential for volatility around FED announcements. 

Ethereum Price Remains Stable

Ethereum is holding around $4,300, supported by steady institutional interest and ongoing ecosystem growth. Meanwhile, the price has been consolidating within a very narrow range since the start of the month and failing to rise above $4500. Now that the short-term resistance lies near $4,450, there is strong support around $4,200. Now the question arises whether the tight consolidation will lead towards a macro trigger. 

The ETH price seems to be consolidating within a predefined resistance and support, as it did before. A massive upswing followed that elevated the levels to a new ATH. Currently, the price is consolidating within a similar pattern, while the bulls are trying for a trend reversal. As the MACD suggests a potential bullish crossover, the ETH price is expected to undergo a parabolic recovery and rise by another 10% to 12% to mark a new ATH. 

Besides, altcoins such as XRP, Solana, and Dogecoin have shown sharper gains compared to BTC and ETH, reflecting higher beta behavior in response to rate-cut speculation. However, these moves remain largely range-bound, signalling that investors are not yet in full risk-on mode.

The crypto market’s trajectory in September hinges heavily on the Fed’s rate decision. While Bitcoin and Ethereum are showing stability, volatility is expected to rise as investors react to policy signals. A dovish Fed could reinforce bullish momentum, pushing BTC toward $120K and ETH closer to $4,600. On the other hand, a smaller-than-expected cut—or cautious Fed guidance—may trigger short-term pullbacks.

The post MYX Price Surges 190% With GATE Listing Today: Can It Flip $20 in September? appeared first on Coinpedia Fintech News

Recently, the MYX price has taken the spotlight in the crypto market. After a strong pump in early September, it again recorded a remarkable surge of nearly 190% in a single day and 1700% on the weekly scale. 

At the time of writing, it is trading now above $17.38, MYX crypto has rapidly climbed into the top 100 altcoins, which no expert imagined such a parabolic move would be a rare sight. The growth was directly linked with its bullish momentum fueled by listings, demand, and speculation.

MYX Price Today: Rally Extends With Fresh Listings Today

The MYX price today reflects an extraordinary run, amplified by major listings and increased liquidity. 

Similarly, this parabolic rally is possible from a series of bullish factors. These includes the early September WLFI token listing on the MYX exchange and debate around the unlocking of nearly 39 million MYX tokens.

However, the earlier sparked debate over a potential correction when the token traded below $10 has now been delayed, with strong demand observed on the daily chart.

However, the persistent buying momentum and FOMO defied expectations, driving MYX price toward the $20 level, and, most recently, the addition of MYX to the GATE exchange on September 9 elevated the bullish sentiment. These developments have attracted strong speculative inflows, as the MYX price chart continues to trend steeply upward.

Leveraged Traders Amplify MYX Price Momentum

In parallel with its spot gains, the derivatives market for MYX crypto has exploded. Open interest has surged to record highs, and liquidation data reveal that a massive wave of short positions was wiped out, further accelerating the MYX price USD breakout. 

Derivatives volumes show aggressive participation from leveraged traders, intensifying the bullish narrative even as technicals signal caution.

While bullish narratives dominate, indicators like the RSI suggest overheated conditions, raising questions about the sustainability of such rapid gains and shaping short-term MYX price forecast discussions.

Amid the parabolic advance, MYX crypto has established key technical support zones, which may serve as potential resting points if momentum fades. The liquidation heatmap highlights $7.74, $11.85, $14.14, and $16.08 as crucial levels to watch. These supports could help stabilize the MYX price should speculative demand temporarily cool.

The post Hyperliquid’s USDH Race Reveals the High-Stakes Game Behind Stablecoins appeared first on Coinpedia Fintech News

Hyperliquid is shaking up the crypto world with a bold move: it’s launching its own stablecoin, USDH, and letting the community vote on who will issue it. With $5.6 billion in deposits and potential annual revenue of $220 million, the announcement has drawn top stablecoin issuers into a high-stakes scramble.

Things are getting interesting. Not familiar with what’s happening? Here’s the scoop.

$220M on the Table

Hyperliquid currently relies on USDC, but all the interest earned on these deposits goes to the external issuer. By launching USDH, the exchange could capture the returns itself. 

At a short-term Treasury yield of around 4%, the $5.6 billion in reserves could generate roughly $220 million a year – almost three times the revenue of Hyperliquid’s HLP vault.

Lower trading fees on spot pairs and improved liquidity are part of the plan. Hyperliquid hopes this will boost its spot trading volume, strengthen order books, and make the platform more competitive.

Who’s in the Race?

Hyperliquid’s public bidding process is unusual. Normally, stablecoin issuers are pre-selected or in-house. Here, Paxos, Frax Finance, Agora, Native Markets, and Sky (formerly MakerDAO) are competing through a validator vote.

Each brings something different to the table:

  • Paxos: NYDFS-regulated, offers HYPE token buybacks, links to PayPal infrastructure. This is the proposal most have welcomed. 
  • Frax Finance: 100% of Treasury yields passed directly to users, no fees.
  • Agora: Custody with State Street and VanEck, pledges all “net” income to the community.
  • Native Markets: Hyperliquid-native team, contributes yield to a buyback fund.
  • Sky: $2.2 billion liquidity offer, 4.85% yield, projecting $250 million annual revenue.

Governance or Preselection?

Not everyone is convinced the vote is fair. Some community members call it “governance theater,” pointing out that Native Markets submitted its proposal within an hour of the announcement, and Frax followed just ten hours later. 

The short, five-day review window leaves questions about how detailed the evaluation can be.

What This Means for Hyperliquid

USDH could bring a major revenue boost and strengthen Hyperliquid’s ecosystem. It could reduce reliance on USDC and improve spot market liquidity.

But replacing USDC won’t be easy. Its long track record and deep liquidity make it the stablecoin of choice for many traders. For now, this remains a high-stakes experiment!

The post Chainlink CCIP Goes Live on Aptos appeared first on Coinpedia Fintech News

Chainlink’s CCIP has launched on the Aptos mainnet, connecting Aptos to a broad multi-chain network and enabling secure cross-chain transfers. The integration brings Aave into the Aptos ecosystem, supporting assets like GHO and enhancing liquidity flows for DeFi builders and users. By offering a standardized, security-focused bridge, CCIP aims to accelerate institutional adoption on Aptos and simplify tokenized asset movement. Developers can now tap global liquidity and build interoperable apps across EVM and non‑EVM chains.