The issuer of USDH, Native Markets, will launch the tokenized margin pmUSDH

According to official news, Hyperliquid's native stablecoin USDH issuer Native Markets will launch the tokenized margin pmUSDH.

After users deposit USDH into their portfolio margin accounts, the protocol will convert that position into the ERC-20 format pmUSDH token. This tokenization also allows users to earn interest income paid by borrowers, and it can be used in DeFi protocols including Felix, Hyperlend, Pendle, and Rysk.