INTRODUCING HALO AND HUSD

Summary from the TLDR Crypto newsletter

Halo is launching HUSD to be a digital dollar for the Hyperliquid chain and DEX. It aims to replace bridged USDC to eliminate cross-chain and issuer risks. Backed by treasury assets with daily attestations and ISIN-level visibility, HUSD offers native liquidity and yield capture for the ecosystem. Unlike existing stablecoins, Halo will distribute most trading and collateral income back to liquidity providers, builders, and HYPE stakers.