1/ Pres. Trump just signed a sweeping Executive Order on crypto—empowering stablecoins, shutting down Operation Chokepoint, protecting devs, new crypto working group, and digital asset reserves. Here’s the quick rundown of what got signed and what that means for the industry:

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Hyperliquid’s stablecoin is a launchpad because it’s one of the fastest growing venues in crypto. But it’s also the first time a major DeFi player is testing the GENIUS Act. Regulators are going to be scrutinizing this stablecoin, not just communities, so it has to be done

Neutral. Regulated. Built for scale. Bastion’s proposal to issue USDH with Hyperliquid sets a new standard for stablecoin infrastructure.