USDH Showdown: Inside Hyperliquid’s Stablecoin Drama

Was the race for Hyperliquid’s USDH stablecoin ticker a fair fight… or just decentralization theater?

In this long-form segment from The Weekly, @_dsencil and @graminitha1 unpack one of the wildest governance stories in crypto:
– The “Bachelor-style” bidding war for USDH
– Seven major stablecoin projects pitch their cases
– Hasib Qureshi’s explosive claims of a rigged process
– Pushback from Galaxy, Nansen & others
– Native Markets wins anyway — just as predicted

What really happened? Was it all theater?

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