Crypto Exec Says Expect Tickerless US dollar Stablecoins in the Future

September 14, 2025

, By Cointelegraph

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Dollar-pegged stablecoins will eventually lose their price tickers, as exchanges abstract away the differently denominated stable tokens on the backend, presenting only a “USD” option to the user, according to Mert Mumtaz, CEO of remote procedure call (RPC) node provider Helius.

The data-ct-non-breakable=”null” href=”https://cointelegraph.com/news/hyperliquid-usdh-bidding-ethena-enters-contender” title=”null”>bidding war for the Hyperliquid USD stablecoin (USDH), and proposals from several firms promising to give 100% of the yield back to Hyperliquid, revealed that the stablecoin sector has become “commoditized,” Mumtaz data-ct-non-breakable=”null” href=”https://x.com/0xMert_/status/1966922415163785680″ rel=”noopener nofollow” target=”_blank” title=”null”>said.

Mumtaz added that he expects many…

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Crypto Exec Says Expect Tickerless US dollar Stablecoins in the Future

September 14, 2025

, Published By Cointelegraph

Dollar-pegged stablecoins will eventually lose their price tickers, as exchanges abstract away the differently denominated stable tokens on the backend, presenting only a “USD” option to the user, according to Mert Mumtaz, CEO of remote procedure call (RPC) node provider Helius.

The data-ct-non-breakable=”null” href=”https://cointelegraph.com/news/hyperliquid-usdh-bidding-ethena-enters-contender” title=”null”>bidding war for the Hyperliquid USD stablecoin (USDH), and proposals from several firms promising to give 100% of the yield back to Hyperliquid, revealed that the stablecoin sector has become “commoditized,” Mumtaz data-ct-non-breakable=”null” href=”https://x.com/0xMert_/status/1966922415163785680″ rel=”noopener nofollow” target=”_blank” title=”null”>said.

Mumtaz added that he expects many…

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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