No worries about UV if stored in a low light area.
I tried hanging them to reduce memory, but now I just coil them and replenish my bag when I run low.
To straighten a new leader I just tie it on, attach a plug, hang the plug on my rod, put a lot of strain on the leader, and then stand the rod against the house in direct sunlight for a couple hours before heading out after dark.
If it's already dark when I tie one on before leaving the house I pour a pot of hot water over the tied on leader.
When out fishing I just tie on the leader, clip on the plug and pull the hell out of the leader to stretch it.
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