Native Markets, the issuer of Hyperliquid's native stablecoin USDH, is set to introduce a tokenized margin product called pmUSDH. This new offering will allow users to deposit USDH into their portfolio margin accounts, with the protocol converting these positions into ERC-20 formatted pmUSDH tokens. These tokens will accrue interest paid by borrowers and can be utilized across various DeFi protocols, including Felix, Hyperlend, Pendle, and Rysk.
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