The original markets, one of the teams that submitted a proposal to issue and manage the US dollar to the US dollar (USDH), officially clarified on Sunday, after a community vote.
the project The Hip-ERC-20 venue, the ETHEREUM code, is the symbolic standard for the ETHEREUM network, in the coming days, Max Fiege, the founder of the original markets, at X mail. He also explained the following steps:
“We will then start with a mint test and recover up to 800 dollars for each transaction with an initial set, to follow the opening of the Usdc topical application notebook, as well as uncomplicated mint and recovery.”
The original markets probability From winning the amount, it rose to more than 99 % on Saturday, on Polymarket in the prediction market, after Stablecoin Source, Ethina Withdrawal from the race Thursday.
USDH It is closely followed by the encryption community and executives in the industry, which led to accusations of a false selection and repercussions in the future of the Stablecoin sector as a whole.
Related to: Inside the Stablecoin Hyperilive race
Usdh Bood War, branching in USDH attracts criticism and spark discussion
Executive officials in the encryption industry expressed mixed reactions to the process of providing USDH bids and voting results, which have witnessed the established Stablecoin companies, encryption, and lost payment companies in front of the newcomer.
“You started to feel that the RFP Usdh was a little farce,” Haseeb Qureshi, the administrative partner of Dragonfly in the investment capital company, He said Tuesday.
“Listening to many multiple offers providers is that none of the auditors are interested in thinking about anyone alongside the original markets. It is not a serious discussion, as if there was a rear deal that was already done.”
Ment Mumtaz, CEO of Node Node Provider Node Provider, He said The war of bids revealed that Stablecoins became a commodity.
Mumtaz speculation that the US dollar Stablecoin indicators will be extracted Away in the future, only “USD” exchange for front users will display.
Mumtaz concluded that these exchanges will do all the actions of the auctioned Stablecoins, in the background, in the back interface process that the user never sees or interacts with.
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