Asia Morning Update: Local Markets Drive Initial Voting for Hyperliquid's USDH Stablecoin Agreement
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Hyperliquid Stablecoin Vote: Native Markets leads the early voting in Hyperliquid's stablecoin proposal with 30.8% of the delegated stake, while over half of the stake remains unassigned, including influential validators like Nansen x HypurrCollective and Galaxy Digital.
Market Movements: Bitcoin is trading at $114,053, up 2.6% in the last 24 hours, while Ethereum is at $4,373.99, reflecting a positive sentiment in the market despite ongoing consolidation; gold prices remain steady as investors await U.S. inflation data.
About the author

Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.







