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Crypto companies are fighting in a ‘Bachelor’-style frenzy to launch a stablecoin that will power DeFi’s hottest exchange

Crypto bros are fighting over the industry’s version of The Bachelor’s final rose. Over the past week, a handful of companies, including Stripe’s Bridge and a startup connected to Paxos, have submitted proposals to launch a stablecoin on the blockchain Hyperliquid. Every suitor is eyeing the almost $6 billion in stablecoins traded on the blockchain’s … Read more

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