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Better recent comparison prob USDH. Native Markets pioneered the first production-scale protocol-aligned stablecoin prior to sunsetting for the HL-Coinbase USDC deal. Allium did a nice deal breakdown on the likely acquisition valuation which was quite fair x.com/AlliumLabs/sta…

@crypto_condom·Jun 10, 2026·neutral
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AI Summary

A comparison is made between USDH and the HL-Coinbase USDC deal, with Allium providing a fair acquisition valuation breakdown.