Hyperliquid: Users are advised to swap their USDH for USDC immediately

BlockBeats News, June 24th, Hyperliquid officially announced that the gradual delisting of USDH is imminent, advising users to immediately convert USDH to USDC. With Coinbase becoming the official USDC Treasury Deployer for Hyperliquid, the platform will transition to using USDC as the primary stablecoin and collateral, and USDH will be gradually phased out. USDH is currently available for normal trading and remains fully backed. During the transition period, users can freely convert USDH to USDC or fiat through Native Markets' USDH Dashboard. The platform will also coordinate with relevant HIP Deployers to complete the migration and ensure a secure and smooth transition of user assets.