Mary-Catherine Lader

@nativemarkets. former prez + coo @uniswap, built fintech + digital assets biz @blackrock

[Mary-Catherine Lader @Mclader]

@cognition @generalcatalyst @Lux_Capital @8vc Amazing — congratulations @ScottWu46 and team!

[Mary-Catherine Lader @Mclader]

@alexatallah Congratulations 🙌🏻

[Mary-Catherine Lader @Mclader]

When Native Markets secured the right to deploy USDH eight months ago, we had a simple thesis: people care about stablecoins that deliver value to the networks and their users.

Today, we see a validation of that thesis with Coinbase deploying native USDC as an AQA that shares the vast majority of its reserve yield. This transition to Coinbase immediately activates yield on nearly $5B worth of stablecoins and aligns Hyperliquid with one of crypto’s strongest policy advocates.

I'm proud of what @fiege_max and our entire team have built to date — designing the Open Issuance product alongside the Bridge team, building an exceptional onramp with https://t.co/xbfLstK9PO, and beyond.

To those that supported USDH, thank you for your vote of confidence. There’s more to come, stay tuned.

[Native Markets @nativemarkets]

https://t.co/MSiNolwYLW

[Ian Lapham @ianlapham]

Best on-ramp available at the moment

[smartestmoney.hl @smartestmoney]

Initiated the transfer from https://t.co/Q1rmaSYS2c 19:48 and received it in my @IBKR USD account at 20:37.

Zero fees.

Less than 60mins to clear. (probably faster for banking hours)

With named payouts allowing you to receive transfers in your name, this makes @nativemarkets one of the best on/off ramp in crypto.

Prior to this, I had to route stables to off-ramp entities wait for T+1 to receive it in a bank then wait for another T+1/2 to get stables over to IBKR with fees.

Now you can do it at 0 fee from HL<> IBKR with USDH<>USD

[Native Markets @nativemarkets]

USDH has reached an all-time high of $100M supply on Hyperliquid.

[Mary-Catherine Lader @Mclader]

This morning we launched our zero-fee on &amp; offramp. Users can now go directly from their bank or brokerage to Hyperliquid.

No need for a centralized exchange.

Try it out at https://t.co/2BWZ09jqdT

[Native Markets @nativemarkets]

https://t.co/NurdzMc6cn

[aaalex.hl @aaalexhl]

Absolutely incredible

Finally good, reliant, zero fee on &amp; offramp

One of the biggest pain points just got solved

[steven.hl @_stevenhl]

As an early beta tester for a few months, I can confidently say that Hyperliquid + Native Markets have obsoleted CEX’s for me.

Hyperliquid provides the superior trading experience while NM gives me zero fee USDH &lt;&gt; USDC conversions + wire transfers to and from my bank.

[MONK @defi_monk]

Many have told me it would take a long time for a fiat onramp onto Hyperliquid to be built.

It’s here now.

[Franklyn Wang @frank_liquid]

Depositing onto Liquid has been a very difficult process for many. Today's announcement by @nativemarkets is a big step towards fixing this! Working with @Mclader and team has been a delight, and I'm sure this will be incredible.

[Ponyo @ponyo_fp]

HIP-4 outcome contracts settle exclusively in USDH. Not USDC.

Every prediction market on Hyperliquid becomes a structural demand driver for USDH. Moreover, PM capital on Hyperliquid doesn't sit idle. It cross-margins into perps. That incremental perp volume flows naturally into USDH quoted markets, where taker fees are 20% lower and maker rebates 50% higher.

I'm expecting USDH supply to expand much faster once HIP-4 mainnet arrives.

[Mary-Catherine Lader @Mclader]

@SamBroner 🙌🏻

[Mary-Catherine Lader @Mclader]

@SamBroner Congrats!

[Mary-Catherine Lader @Mclader]

pmUSDH unlocks new ways to use USDH — more optionality for users ❤️‍🔥

[Native Markets @nativemarkets]

https://t.co/QrboYrybV3

[Mary-Catherine Lader @Mclader]

@janklimo @edison0xyz @andyhyfi @androolloyd @nativemarkets submitted a pr to support 402 on Hyperliquid last month, waiting for CB to approve. We’d love to collab

https://t.co/UQCK5zlyzi

[Zach Abrams @zcabrams]

the nonbelievers were holding on to the belief that stablecoins were a niche crypto trading phenomenon.

and yet supply is currently hitting all time highs.

stablecoins are unambiguously moving beyond trading and becoming core financial infrastructure.

[Bloomberg @business]

Oil has become the momentum trade of choice on Hyperliquid, the crypto exchange fast emerging as a round-the-clock venue for leveraged commodity bets. https://t.co/cU3dg6DrKy

[Empire 🟪 @theempirepod]

New episode with @jchervinsky and @Mclader out now!

We discuss:
- Hyperliquid's 24/7 markets
- The Hyperliquid policy center
- How @nativemarkets won USDH
- Stablecoins, 2026 regulation & more!

Timestamps:
00:00 Introduction
02:45 The Hyperliquid 24/7 Markets Thesis
06:02 Founding The Hyperliquid Policy Center
15:45 The State of DeFi Regulation
18:59 ZKsync Ad
19:34 The Hyperliquid USDH Proposal
29:59 Stablecoin Regulation In The US
38:05 The Hyperliquid 24/7 Markets Thesis
44:40 The Future of Stablecoins
57:53 Crypto Regulation In 2026 & Beyond

[Liquid @liquidtrading]

Unified balances.

Seamlessly trade USDC and USDH perps from one balance without having to convert.

Only on Liquid.