According to Odaily Planet Daily, Paxos Labs co-founder bhau posted on the X platform, seemingly accepting the USDH bidding results and thanking the community for their support. He stated that when he initially proposed USDH, his goal was to directly participate in and understand the Hyperliquid community's needs for an ecosystem stablecoin. In just the past week, he has deepened his understanding of what is truly important. Although the proposal has been locked, this is just the beginning of an ongoing dialogue. Paxos will continue to be a contributor to the ecosystem, with the goal not only to win the governance vote but also to expand the ecosystem.

According to a post on the Paxos official Twitter account on the X platform, validator voting for the USDH proposal may have concluded, with further staking open until this Sunday. The latest USDH bidding data shows that Native Markets currently holds 70.31% of the staking share, with Paxos Labs in second place with 16.79%.