My story on crypto's talk of the town this week: a stablecoin pricing war triggered by Hyperliquid, the fast-growing crypto exchange founded by Jeff Yan. Paxos (w/PayPal), Agora, Native Markets (w/Bridge) are among those bidding to issue USDH, a new stablecoin, threatening Circle's dominance. “We made the race to the bottom. Now no one should make money off this,” said @Nick_van_Eck, co-founder of Agora. https://www.theinformation.com/articles/crypto-exchange-sets-price-war-stablecoins @theinformation(Yueqi Yang)