Circle has expanded into the Hyperliquid ecosystem by launching native USDC on the HyperEVM network and making a strategic investment in HYPE tokens.
The initiative integrates Circle’s Cross-Chain Transfer Protocol (CCTPv2), allowing seamless movement of USDC across multiple blockchains without relying on third-party bridges. Hyperliquid users will soon gain direct deposit and CCTP support via HyperCore, improving liquidity and efficiency.
Circle highlighted that the integration brings nearly a decade of global USDC adoption and liquidity to Hyperliquid. The firm has also committed to building both primary and secondary liquidity channels, ensuring that developers, traders, and fintech providers can access deep stablecoin markets on the platform.
By investing directly in HYPE tokens, Circle has strengthened ties with the Hyperliquid community, calling it a “mutual win-win.” The move is expected to significantly enhance capital efficiency for the high-performance exchange, positioning USDC at the center of its ecosystem.
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