BlockBeats News, March 15th, Native Markets, the issuer of Hyperliquid’s native stablecoin USDH, will launch the tokenized collateral pmUSDH. After users deposit USDH into their portfolio margin account, the protocol will convert that position into an ERC-20 formatted pmUSDH token. This tokenization also entitles holders to the interest income paid by borrowers and can be used in various DeFi protocols including Felix, Hyperlend, Pendle, and Rysk.
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