TechFlame reports that Ethena Labs, the third-largest US dollar stablecoin issuer, has hinted that it will soon join Hyperliquid's USDH stablecoin issuance rights competition. Ethena Labs posted an article this morning saying, “Dear Jeff (Hyperliquid Co-Creation), I wrote to you, but you still haven't answered your call. I sent out two USDH proposals last fall, and you definitely haven't received them. Maybe something is wrong with Discord or something else, and sometimes I write down the deployment address too scrawly.” On September 5, Hyperliquid announced that it will release the USDH token symbol for stablecoin issuance, requiring institutions to submit proposals by September 10 (Wednesday), and voting will take place on September 14 (Sunday).