A stablecoin is a token designed to hold a steady value, usually pegged one to one with the US dollar, and it is the unit almost every trade on Hyperliquid is denominated and settled in. Not every stablecoin holds its peg the same way, and USDT faces restrictions in parts of Europe under MiCA that don't apply to every dollar token. These guides cover how a stablecoin maintains its peg and what backs it well enough to survive stress. A peg that slips briefly is the moment that difference stops being theoretical, and it's exactly when deposits, withdrawals, and USDT's regulatory standing in the EU start to matter at once.
GuideA plain-English guide to stablecoins: what they are, the main types (fiat-backed, crypto-collateralized, algorithmic), how they are used, and the real risks like de-pegging and issuer exposure.
GuideUSDT is not banned for individuals to hold in Europe, but MiCA-licensed EU exchanges are delisting it because Tether never obtained the required e-money-token authorisation. Here is the honest picture — what changes for EU users, why USDC and EURC stay, and where you can still use USDT.
GuideWhat is DeFi? A plain-English beginner’s guide to decentralized finance — how trading, lending, borrowing and earning work with smart contracts instead of banks, the core building blocks, the real risks, and where perps DEXs like Hyperliquid fit.
GuideLearn how to move your USDC into Dexly and how to bridge back to other chains.
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