Halo

Halo is a digital dollar protocol based on Hyperliquid, and the HUSD it issues is a stablecoin supported by the treasury, which will be available on HyperCore and HyperEVM. As a result, users will be able to trade it with USDC in the spot order book and use it in integrated DeFi applications. The collateral support for HUSD will be clearly visible, down to each ISIN or equivalent token, with proof being provided daily. Institutional entities collaborating with Halo's service provider, MXON, can use this underlying collateral to mint or exchange for HUSD.